Area Descriptions:
Page Description - this page contains information related to
Pricing.
Pricing:
- Dynamic
Pricing - dynamic pricing minimizes the use of expensive peaking
capacity which sits idle most of the time but whose costs have to be
recovered from customers year round - an interview with Ahmad Faruqui of the
Brattle Group -
http://www.EnergyCollection.us/Energy-Pricing/Dynamic-Pricing-Minimizes.pdf
- Dynamic Pricing Evaluation for Washington - 2011-01 - 35
pages - This report provides an overview of dynamic pricing for retail
electric utility service, with emphasis on considerations related to
investor-owned utilities in Washington State. The report is organized in two
sections. The first section summarizes key concepts for dynamic pricing. The
second section provides recommendations about utility development of the
business case for dynamic pricing, including estimating benefits and costs.
The third section describes how a systems approach can be used to address
dynamic pricing within the broader context of its interconnectedness with
other issues and increasing complexity of the electric utility system -http://www.EnergyCollection.us/States/Washington/Dynamic-Pricing-Evaluation.pdf
- Dynamic Pricing and Low-Income Customers - Public Utilities Fortnightly 2010-11 - by Lisa Wood of the
Edison Foundation's
Institute for Electric Efficiency and Ahmad Faruqui of
Brattle - correcting misconceptions
about load-management programs -
http://www.EnergyCollection.us/Energy-Pricing/Dynamic-Pricing-Low-Income.pdf
- The Ethics of Dynamic Pricing - by Ahmad Faruqui, Ph.D;
Principal; The Brattle Group - With a modest amount of demand response, 92
percent of low income customers would gain from dynamic pricing.
http://www.EnergyCollection.us/Energy-Pricing/Ethics-Dynamic-Pricing.pdf
- The Impact of Dynamic-Pricing-On-Low-Income-Customers -
Customers -
Metering - Reports &
Papers -
Regulators - Pricing -
2010-06 - This paper provides new information about how low income customers
respond to dynamic prices. It draws upon results from three recent dynamic
pricing programs in Connecticut, the District of Columbia, and Maryland:
Connecticut Light & Power’s (CL&P’s) Plan-it Wise Energy Pilot (PWEP),
Pepco’s PowerCentsDC Program (Pepco DC), and Baltimore Gas & Electric’s
Smart Energy Pricing Pilot (BGE 2008). It also presents early results from a
full scale program that is being rolled out by Pacific Gas & Electric
Company (PG&E) in California, the SmartRate Tariff. For completeness,
results are also summarized from California’s widely cited Statewide Pricing
Pilot (SPP), even though it was conducted over five years ago during the
period from 2003 to 2005, as well as simulation results -
http://www.EnergyCollection.us/Energy-Customers/Impact-Dynamic-Pricing.pdf
-
The Intersection of Net Metering & Retail
Choice - An overview of policy, practice, and issues -
by Interstate
Renewable Energy Council - IREC - 36 pages - 2010-12-01 -
http://www.EnergyCollection.us/Energy-Clean-Tech/Intersection-Net-Metering.pdf
Also listed at: Clean Technology -
Reports & Papers / Retail Choice
/
Regulators - Pricing ///
-
Rethinking 'Dumb' Rates - Achieving the smart grid's potential
requires a revolution in electricity pricing - by Rick Morgan - DC
Commissioner - 2009-03-01 - 5 pages -
http://www.EnergyCollection.us/Energy-Pricing/Rethinking-Dumb-Rates.pdf
Also-filed-at: Regulators - Pricing
/ Electricity -
Articles & Presentations ///
-
Scarcity Pricing in PJM for Pennsylvania - 2011-01 - 92 pages
- The Commission’s 2008 issuance of Order 719 and its direction to RTOs to
file tariff changes in compliance with Order 719 that provides for “demand
response and pricing during periods of operating reserve shortages”
initiated a yearlong stakeholder process directed by PJM. The result of the
stakeholder process was not successful in developing a scarcity pricing
proposal that attracted broad support. Nevertheless, the effort was not
wasted as it allowed many parties to develop a better understanding of the
complexities of complying with the Commission’s directive and the risks and
benefits of making yet another significant modification to PJM’s wholesale
electricity market design. As this Protest and attached affidavit
demonstrate, PJM’s filing constitutes one approach to the introduction of
scarcity pricing, but a flawed and incomplete approach. Without significant
modification as explained below, PJM’s filing may result in large and unjust
wealth transfers from buyers of wholesale power to sellers of wholesale
power, provide frequent opportunities for the exercise of unmitigated market
power, undercut public support for the continued development of wholesale
competition and produce excessive rates contrary to the Federal Power Act’s
mandate that all rates be “just and reasonable”
http://www.EnergyCollection.us/States/Pennsylvania/Scarcity-Pricing-PJM.pdf
-
Why Consumers Love Dynamic Pricing for Electricity -
2011-05-19 - 39 pages -
http://www.EnergyCollection.us/Energy-Pricing/Why-Customers-Love.pdf