Electricity Consumption by Time of Use in a Hybrid Demand System

Bridger M. Mitchell and Jan Paul Acton

Chapter 3 in Public Sector Economics, 1983, pp 27-64 from Palgrave Macmillan

Abstract: Abstract Peak-load pricing has long been advocated for the sale of electricity and other services in which periodic variations in demand are jointly supplied by a common plant of fixed capacity. Time-of-use (TOU) electricity rates have been widely used in Europe for several decades to reflect peak-load cost variations. By contrast, in the USA TOU rates began to receive serious consideration only following the 1973–74 Arab oil embargo.2

Keywords: Total Consumption; Price Elasticity; Electricity Consumption; Rate Period; Electricity Demand (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06504-2_3

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DOI: 10.1007/978-1-349-06504-2_3

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