Financial incentive approaches for reducing peak electricity demand, experience from pilot trials with a UK energy provider

Peter Bradley, Alexia Coke and Matthew Leach

Energy Policy, 2016, vol. 98, issue C, 108-120

Abstract: Whilst tariff-based approaches to load-shifting are common in the residential sector, incentive-based approaches are rare. This is so, even though providing customers incentives to shape their power consumption patterns has substantial potential. This paper presents findings from an exploratory UK pilot study that trials financial payments and detailed energy feedback to incentivise load-shifting of residential electricity consumption.

Keywords: Energy policy, smart metering; Demand side response; Financial incentives; Barriers; Energy (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (34)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:98:y:2016:i:c:p:108-120

DOI: 10.1016/j.enpol.2016.07.022

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