Winter Residential Optional Dynamic Pricing

British Columbia, Canada

Chi-Keung Woo, Jay Zarnikau, Alice Shiu, Raymond Li

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

This paper estimates the daily kWh responses on a working weekday of 1326 single-family-home residents who voluntarily participated in a residential optional dynamic pricing (RODP) pilot in the winter-peaking coastal province of British Columbia (BC) in western Canada. Based on the pilot's operation in November 2007-February 2008, we estimate that the kWh reduction in the peak period of 4-9 pm on a working weekday sans an in-home display (IHD) is: (a) 2.2% to 4.4% at time-of-use tariffs with peak-to-off-peak price ratios of 2.0 to 6.0; and (b) 4.8 to 5.3% at critical peak pricing tariffs with peak-to-off-peak price ratios of 8.0 to 12.0. The IHD approximately doubles these estimated peak kWh reductions. As BC residents already have smart meters with an IHD function, these findings recommend exploring the use of a system-wide RODP program to improve the BC grid's system efficiency.
Original languageEnglish
Pages (from-to)115-127
Number of pages13
JournalEnergy Journal
Volume38
Issue number5
DOIs
Publication statusPublished - 2017
Externally publishedYes

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Display devices
Smart meters
Costs
Dynamic pricing
Canada
Winter
British Columbia
Residents
Tariffs
Grid
Coast
Pricing

Cite this

Woo, Chi-Keung ; Zarnikau, Jay ; Shiu, Alice ; Li, Raymond. / Winter Residential Optional Dynamic Pricing : British Columbia, Canada. In: Energy Journal. 2017 ; Vol. 38, No. 5. pp. 115-127.
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Winter Residential Optional Dynamic Pricing : British Columbia, Canada. / Woo, Chi-Keung; Zarnikau, Jay; Shiu, Alice; Li, Raymond.

In: Energy Journal, Vol. 38, No. 5, 2017, p. 115-127.

Research output: Contribution to journalArticle

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