This latest Consumer Behavior Study Analysis under the Smart Grid Investment Grant, called “Experiences of Vulnerable Residential Customer Subpopulations with Critical Peak Pricing,” takes a long look at the benefits of time-based rates.
Ninety-eight percent of residential customers in the U.S. take service under flat or inclining block rates…Yet time-based rates provide an opportunity for customers and utilities alike to achieve a variety of benefits including: increased opportunity for customer bill management, lower utility power production costs, deferred future generation investments and increased utilization of existing infrastructure.
Recent broad -based deployment of Advanced Metering Infrastructure (AMI) enables the opportunity for broader adoption of time-
based rates, and the benefits that result have been sizable contributors to making the investments cost effective.
