Discussion Papers no. 446
Households' self-selection of a dynamic electricity tariff
Offering electricity consumers time-differentiated tariffs may increase demand responsiveness, thereby reducing peak consumption. However, one concern is that time-differentiated tariffs may also attract consumers who benefit because of their consumption pattern, even without a corresponding demand response. A discrete choice model applied to data from a residential dynamic pricing experiment indicates that higher demand flexibility increases the propensity of a household to select dynamic tariffs, while favourable consumption patterns do not influence the tariff choice. The offering of dynamic time-differentiated tariffs is then likely to increase the demand response among residential consumers.
Om publikasjonen
- Tittel
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Households' self-selection of a dynamic electricity tariff
- Ansvarlig
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Torgeir Ericson
- Serie og -nummer
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Discussion Papers no. 446
- Emne
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Discussion Papers
- Antall sider
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30
- Målform
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Engelsk
- Om Discussion Papers
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Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.
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