It exasperates me that we’re so slow to set up some form of time-of-use rates for electricity, since that’s such a straightforward way to get people to shift when we demand power, making it easier to balance a clean grid. The power of market incentives, the invisible hand, and all that.
There are, I realize, many complications because our current system of regulation and payment doesn’t fit with TOU but tough beans – get it done anyway! This is important, folks.
There’s a chance that time of use rates will start sneaking into New Hampshire by way of electric vehicles. Energy News Network has a nice writeup about this (read it here). A couple snippets to get you to click through:
“I think that the beginning of the age of electric vehicles is not just potentially great for transportation but also great for electricity, because it sort of cracks open the door for time-of-use rates,” said D. Maurice Kreis, the state’s consumer advocate.
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Although commission staff recommended that electric vehicle drivers be allowed to adopt the new rate just for their car, this raises a question over how to measure that use separate from the rest of the home. Traditionally, it would have required a separate meter to measure electricity from the customer’s charger. If the utility owns that meter, it brings in revenue, but it can also hike customer bills.
Chargers now often have their own embedded technology that can measure electricity use. ChargePoint, a developer whose chargers offer this capability, submitted comments noting this.
Another solution to balance energy use is to provide households with an easy way to see the instantaneous energy use and a graph of use over 24 hours with detail down to the minute. When a person only knows what they used for an entire month, they have no concept of cause and effect. If a person can see how much power individual appliances use, then they can make lifestyle changes or replace inefficient appliances.
Absolutely – information feedback is beck. This also requires an upgrade in meters for many utilities.