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Electricity Consumption by Time of Use in a Hybrid Demand System

  • Bridger M. Mitchell
  • Jan Paul Acton

Abstract

Peak-load pricing has long been advocated for the sale of electricity and other services in which periodic variations in demand are jointly supplied by a common plant of fixed capacity. Time-of-use (TOU) electricity rates have been widely used in Europe for several decades to reflect peak-load cost variations. By contrast, in the USA TOU rates began to receive serious consideration only following the 1973–74 Arab oil embargo.2

Keywords

Total Consumption Price Elasticity Electricity Consumption Rate Period Electricity Demand 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

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Copyright information

© Jörg Finsinger 1983

Authors and Affiliations

  • Bridger M. Mitchell
  • Jan Paul Acton

There are no affiliations available

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