Time-based electricity pricing for large-volume customers: A comparison of two buildings under tariff alternatives

Melek Yalcintas, William T. Hagen and Abidin Kaya

Utilities Policy, 2015, vol. 37, issue C, 58-68

Abstract: This study investigates a variety of pricing policies for commercial and industrial customer sectors. Two building examples were used to analyze energy usage by buildings under the uniform-rate and time-based pricing schedules of three electricity utilities. Critical-peak and real-time price signals encourage building managers to implement the greatest number of measures to reduce their electricity costs. Consumption-shifting and curtailment measures that take into account time-based electricity prices do not appear to reduce energy usage and costs as much as regular energy-efficiency measures. Nonetheless, expanding the focus of energy management to include measures based on time-based pricing can help reduce electricity costs for commercial and industrial buildings.

Keywords: Uniform-rate & time-based pricing; Demand shift strategies; Energy conservation (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:37:y:2015:i:c:p:58-68

DOI: 10.1016/j.jup.2015.10.001

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