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Examining real time pricing in electricity usage

Scala, NM and Henteleff, S and Rigatti, C (2010) Examining real time pricing in electricity usage. In: IIE Annual Conference and Expo 2010.

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Abstract

Demand Side Management (DSM) has been proposed to reduce energy load and provide savings to customers in deregulated markets. Currently, United States residential electric prices are not based on real-time. This paper explores potential customer preferences to Real Time Pricing (RTP), or different prices for electricity based on time of day and weather. A survey of 147 residential customers examined willingness to shift demand to off-peak hours for 11 typical household appliances. Price differentials were then developed to analyze effects. These preliminary results demonstrate potential for residential customers to shift demand if RTP was enacted in the United States.


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Details

Item Type: Conference or Workshop Item (Paper)
Status: Published
Creators/Authors:
CreatorsEmailPitt UsernameORCID
Scala, NMnscala@towson.edunms330000-0003-2851-134X
Henteleff, S
Rigatti, C
Date: 1 January 2010
Date Type: Publication
Access Restriction: No restriction; Release the ETD for access worldwide immediately.
Journal or Publication Title: IIE Annual Conference and Expo 2010 Proceedings
Event Title: IIE Annual Conference and Expo 2010
Event Type: Conference
Institution: University of Pittsburgh
Schools and Programs: Swanson School of Engineering > Industrial Engineering
Refereed: Yes
Date Deposited: 20 Aug 2014 19:24
Last Modified: 24 Sep 2020 20:16
URI: http://d-scholarship.pitt.edu/id/eprint/22696

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