Tag: Electricity Pricing

Utilities planning to move Californians to time-of-use pricing need solutions for low-income customers | Environmental Defense Fund

Utilities planning to move Californians to time-of-use pricing need solutions for low-income customers | Environmental Defense Fund

Last month, all three of California’s major investor-owned utilities submitted applications to the California Public Utilities Commission detailing their respective strategies for how to transition residential customers to time-of-use pricing. Time-of-use pricing, if done right, is a low-cost strategy to help meet California’s climate and clean energy goals. This innovative tool can help the state […]

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

Over two-thirds of the November increase in the index for final demand goods is attributable to prices for gasoline, which jumped 15.8 percent. The indexes for light motor trucks, pharmaceutical preparations, beef and veal, residential electric power, and jet fuel also moved higher. In contrast, prices for processed young chickens fell 5.7 percent. The indexes […]

Faraday Grid: We come from the future to stabilise the power system | theenergyst.com

Faraday Grid: We come from the future to stabilise the power system | theenergyst.com

“Most people focus on intermittency. But at least half of the problem is physics, maintaining system balance, which is not about intermittency – it is volatility that knocks over grids. So to enable all of the other solutions that are imperative to our future, you must first solve energy system stability. “The Faraday Grid is […]

Data reveals real-time electricity pricing would help nearly all ComEd customers save money | EDF

Data reveals real-time electricity pricing would help nearly all ComEd customers save money | EDF

In sum, the vast majority of ComEd customers would have financially benefitted in 2016 from participating in the Hourly Pricing program. Again, they would have saved while using electricity exactly as they have been. Programs like Hourly Pricing are designed to reward people who use energy when market prices are cheapest, typically when electricity demand […]

NDRC to deepen pricing reforms in monopoly sectors | Chinadaily.com.cn

NDRC to deepen pricing reforms in monopoly sectors | Chinadaily.com.cn

The National Development and Reform Commission, the country’s top economic planner, will further deepen the pricing reform in monopoly industries, such as electric power, natural gas and railroads, as part of the government efforts to perfect the market-oriented pricing mechanism by 2020. The country will further improve the trading rules and regulations in the electricity […]

Household Electricity Pricing: Dynamic Pricing under Different Taxation Schemes | Advanced Science News

Household Electricity Pricing: Dynamic Pricing under Different Taxation Schemes | Advanced Science News

The developments in electricity production from renewable resources, like wind and solar power, requires an increasingly flexible power system. One option attracting considerable attention for several decades is to make use of idle flexibility from electricity consumers. The continuous roll-out of smart meters enables more detailed billing, and consumers could switch to dynamic pricing schemes […]

Power hike ‘will lead to job losses’ | Daily News

Power hike ‘will lead to job losses’ | Daily News

Electricity was a significant expense for many businesses, being second to labour cost, she said. “The additional cost has to be accommodated somewhere else and since it cannot be passed on to customers in pricing because that would just render us uncompetitive, it must be accommodated by shedding labour costs.” Eskom wants its clients to […]

Treasury moves to reduce MU debt | Manx Radio

Treasury moves to reduce MU debt | Manx Radio

The Isle of Man Government is to shave £95 million from the Manx Utilities debt in exchange for a freeze in water and sewerage rates for the next year. The MUA currently has a loan of £278 million from Treasury and has a further £260 million debt in bonds. The Authority will also be asked to establish […]

New CMP bills foreshadow increased consumer involvement | Portland Press Herald

New CMP bills foreshadow increased consumer involvement | Portland Press Herald

Rice did not have a precise time line for when the system would be running, saying that it is still being tested and employees are being trained to run it. Avangrid, CMP’s parent company, estimated last winter that Customer SmartCare would be up by the end of this month, but deadlines for implementing the system […]

Amidst Solar Eclipse’s Test On Clean Power, One Smart Grid Solution Offers A Cautionary Tale | Forbes

Amidst Solar Eclipse’s Test On Clean Power, One Smart Grid Solution Offers A Cautionary Tale | Forbes

Amidst increasing reliance on these intermittent sources, utilities need to leverage smarter technologies that can change the way we get, use and pay for power. One way they are changing how we pay for power is through dynamic, or time-based, pricing. Through time-based pricing models, utilities charge customers more or less based on the amount […]