Wealth Transfers Among Large Customers from Implementing Real-Time Retail Electricity Pricing
نویسندگان
چکیده
منابع مشابه
Wealth Transfers Among Large Customers from Implementing Real-Time Retail Electricity Pricing
Adoption of real-time electricity pricing—retail prices that vary hourly to reflect changing wholesale prices—removes existing cross-subsidies to those customers that consume disproportionately more when wholesale prices are highest. If their losses are substantial, these customers are likely to oppose RTP initiatives unless there is a supplemental program to offset their loss. Using data on a ...
متن کاملCSEM WP 156 Wealth Transfers Among Large Customers from Implementing Real-Time Retail Electricity Pricing
Adoption of real-time electricity pricing — retail prices that vary hourly to reflect changing wholesale prices — removes existing cross-subsidies to those customers that consume disproportionately more when wholesale prices are highest. If their losses are substantial, these customers are likely to oppose RTP initiatives unless there is a supplemental program to offset their loss. Using data o...
متن کاملCSEM WP 147 Wealth Transfers from Implementing Real-Time Retail Electricity Pricing
Adoption of real-time electricity pricing — retail prices that vary hourly to reflect changing wholesale prices — removes existing cross-subsidies to those customers that consume disproportionately more when wholesale prices are highest. If their losses are substantial, these customers are likely to oppose RTP initiatives unless there is a supplemental program to offset their loss. Using data o...
متن کاملRethinking Real-Time Electricity Pricing
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. This paper evaluates the rst program to expose residential consumers to hourly real-time pricing (RTP). I nd that enrolled households are statistically signi cantly price elastic and that consumers responded by conserving energy during peak hours, but...
متن کاملCSEM WP 155 Customer Risk from Real-Time Retail Electricity Pricing: Bill Volatility and Hedgability
One of the most critical concerns that customers have voiced in the debate over real-time retail electricity pricing is that they would be exposed to risk from fluctuations in their electricity cost. The concern seems to be that a customer could find itself consuming a large quantity of power on the day that prices skyrocket and thus receive a monthly bill far larger than it had budgeted for. I...
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ژورنال
عنوان ژورنال: The Energy Journal
سال: 2007
ISSN: 0195-6574
DOI: 10.5547/issn0195-6574-ej-vol28-no2-6