Why do so few customers have time-of-user electricity prices?
May 21, 2012 at 6:33 pm Chris King
According to a new report from the Edison Institute for Energy Efficiency, nearly one third of U.S. homes and businesses has a smart meter — 36 million so far.
Yet according to my esteemed colleague, economist Dr. Ahmad Faruqui, only about 1% of U.S. customers are charged for electricity according to dynamic or time-of-use (TOU) prices.
Why so few — especially since price signals are a key way to empower consumers to fully realize smart grid benefits?
Full post: Time-of-use electricity prices: Why do so few customers have them?
Entry filed under: consumer benefits, dynamic pricing, Energy regulation, Regulation, smart grid benefits, Smart Meters, Utilities. Tags: .
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