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With the ongoing rollout of smart meters in Ireland, time-of-use (ToU) tariffs are currently being introduced as a new … way to pay for electricity. Such tariffs can bring important benefits to both consumers and society, in terms of reduced … tariffs than others. Communication around ToU tariffs thus needs to explain both benefits and challenges successfully; it …
Persistent link: https://www.econbiz.de/10012606252
The marginal cost of electricity fluctuates hour-by-hour, yet retail customers typically face flat prices. Using data from all seven US wholesale markets and a new method to evaluate alternative rates set in advance that accounts for equilibrium price effects, we estimate efficiency gains...
Persistent link: https://www.econbiz.de/10015070183
Dynamic partial adjustment models of residential electricity demand account for the fact that households may not adjust electricity consumption immediately in response to changes in prices, income, and other relevant factors, because of behavioral habits or adjustment costs for the capital stock...
Persistent link: https://www.econbiz.de/10013001736
We evaluate a stated choice experiment on dynamic electricity tariffs based on two representative household surveys … towards dynamic tariffs, with the latter generally being more open to dynamic pricing. Furthermore, our unique experimental … highlighting the environmental benefits associated to dynamic tariffs present themselves as suitable tools to reduce households …
Persistent link: https://www.econbiz.de/10013185754
We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity consumption, using a large-scale randomized controlled trial (RCT), high-frequency electricity data, and default enrollment. Increasing the grid transmission charge by 4,067%...
Persistent link: https://www.econbiz.de/10013168030
We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity consumption, using a large-scale randomized controlled trial (RCT), high-frequency electricity data, and default enrollment. Increasing the grid transmission charge by 4,067%...
Persistent link: https://www.econbiz.de/10013171863
We evaluate the effectiveness of energy efficiency labeling in guiding household appliance choice decisions. Using a carefully designed choice experiment with several alternative labeling treatments, we disentangle the relative importance of different types of information and intertemporal...
Persistent link: https://www.econbiz.de/10014155813
The introduction of smart technology and dynamic tariffs (such as time-of-use tariffs) provides multiple potential … benefits for electricity markets. However, time-of-use tariffs represent an additional complexity for consumer tariff choices … in electricity markets. How well consumers may choose between different types of tariffs, and whether certain tools can …
Persistent link: https://www.econbiz.de/10012052437
-income households are the most vulnerable to rising electricity tariffs, due to their limited ability to invest in technologies that …
Persistent link: https://www.econbiz.de/10011806783
Persistent link: https://www.econbiz.de/10012816540