Winter residential optional dynamic pricing: British Columbia, Canada

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

Research output: Journal article publicationJournal articleAcademic researchpeer-review

4 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 - 1 Jan 2017

Keywords

  • British Columbia
  • Electricity demand by timeof- use
  • In-home display
  • Residential optional dynamic pricing

ASJC Scopus subject areas

  • Economics and Econometrics
  • Energy(all)

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