OnDemand WTP Pricing Research

Tag: Electricity Pricing

The Key to Energy Conservation? Priming Consumers with Price | Tuck School of Business

The Key to Energy Conservation? Priming Consumers with Price | Tuck School of Business

What they discovered was quite surprising. The only form of communication that had any impact on reducing electricity consumption during peak periods was the one that conveyed pricing information; the households pretty much ignored everything else. But the pricing appeal did make a significant impact: the households in the pricing group reduced their electricity usage […]

Consumers’ office says FirstEnergy amendment will lead to ‘price gouging’ | The Columbus Dispatch

Consumers’ office says FirstEnergy amendment will lead to ‘price gouging’ | The Columbus Dispatch

The office charged with defending Ohio consumers in utility matters says a House-added budget provision would subject 1.1 million FirstEnergy customers to “price gouging.” Among the many amendments added to the two-year budget bill is one changing the calculation of “significantly excessive earnings” for Akron-based FirstEnergy. This would change how the Public Utilities Commission of […]

Cheap wind power distorting power market pricing, leads to legislative interest in study | Houston Chronicle

Cheap wind power distorting power market pricing, leads to legislative interest in study | Houston Chronicle

Subsidies for wind and other alternative energy were established in 1978 by Congress to reduce reliance on foreign oil, following the Arab oil embargo that sent energy costs skyrocketing. Both the Senate and House bills direct the Public Utility Commission and the state’s grid manager Electric Reliability Council of Texas to study how to change […]

Miners shocked by electricity price surge in Washington State | The Block

Miners shocked by electricity price surge in Washington State | The Block

This particular PUD is a Washington State municipal corporation and claims to have the cheapest electricity in the country. It sets rates based on operations and power consumption, and different industries are grouped together. To deal with the significant interest from mining industry, it created an “evolving industry” rate class for miners. Suffice it to […]

Doing away with pricing | Business Recorder

Doing away with pricing | Business Recorder

Any sector where the government is in the business of fixing pricing, there is some sort of circular debt. Energy is on the top – within it both petroleum and power prices are fixed by government while the recommendations of change, based on fuel pricing and other factors, is the job of regulator – OGRA […]

Power retailer Synergy found to have price-gouged customers | The New Daily

Power retailer Synergy found to have price-gouged customers | The New Daily

Electricity producer Synergy overcharged industrial customers for the price of energy in the wholesale market by up to $100 million, in a move which may have also pushed up prices for households, an investigation by Western Australia’s independent economic regulator has found. The Economic Regulation Authority (ERA) said Synergy had breached market rules requiring it […]

NERC doubts power consumers’ willingness to pay for meters | Punch Newspapers

NERC doubts power consumers’ willingness to pay for meters | Punch Newspapers

According to NERC, the scope of the service will include a survey to determine customers’ willingness to pay for one-phase and three-phase meters based on an internal estimate arrived at by the commission. Early last year, the regulator unveiled the MAP regulation, which introduced meter asset providers in the sector, to fast-track the roll-out of […]

Distribution pricing reform will make disturbing price shock | Scoop News

Distribution pricing reform will make disturbing price shock | Scoop News

Distribution pricing reform will bring disturbing price shocks Originally published in Energy and Environment on February 28 The Electricity Authority has been warned sudden implementation of more efficient electricity distribution pricing will bring “disturbing” price shocks for many customers. The EA is currently considering submissions on its proposals to speed up distribution pricing reform and […]

Crank Up the A/C, Crank Up the Cost: States Consider ‘Surge Pricing’ for Power | The Pew Charitable Trusts

Crank Up the A/C, Crank Up the Cost: States Consider ‘Surge Pricing’ for Power | The Pew Charitable Trusts

Crews from Southern California Edison work on damaged power lines. The utility and several others in the state are required to switch to time-of-use pricing, which charges more when electricity is costlier to produce. Just as more people fly during the holidays and drive during rush hour, the demand for electricity peaks at predictable times. […]

New regulations expose energy price gouging through ‘free’ comparison sites | The Conversation

New regulations expose energy price gouging through ‘free’ comparison sites | The Conversation

A new regulation has highlighted the thousands of offers electricity retailers make to new customers, mostly through commercial comparison sites. These sites typically do not include the best possible offers, funnelling consumers into higher-cost plans in exchange for fees from energy companies. From January 1 companies selling electricity in New South Wales, South East Queensland […]