dynamic pricing

Walmart Says Iso Power Markets Offer Best Programs for Supporting Demand Response

1 Comment / Electricity, Energy markets, Regulation / By

Michael Giberson From Walmart’s contribution to a complaint against PJM filed with the Federal Energy Regulatory Commission on Wednesday: Demand response initiatives can originate with a utility program, an ISO or RTO program, or by the customer for different reasons. Walmart has been one of the pioneers of demand response in addition to being a …

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State Legislatures and Pucs Prefer High Annual Electricity Bills for Retail Customers

Electricity, Energy markets / By

Michael Giberson According to a new paper by Jim Bushnell, Ben Hobbs and Frank Wolak, “the desire of [state] legislatures and state PUCs to protect consumers from wholesale price volatility comes at a cost we believe few consumers would be willing to pay if it were made explicit, higher annual electricity bills.” And it isn’t …

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More on Dynamic Electric Power Prices for Residential Customers in Illinois

Electricity, Energy markets, Regulation / By

Michael Giberson In the comments on yesterday’s post, “Dynamic electric power prices for residential customers in Illinois,” Matthew Scallet, a Power Smart Pricing program administrator, offers a few more details on the savings by customers: As far as savings are concerned, the average savings for our entire customer base is 13% since the beginning of …

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Dynamic Electric Power Prices for Residential Customers in Illinois

4 Comments / Electricity, Regulation / By

Michael Giberson From the Danville, Illinois Commercial-News, a report of a two-year old dynamic power price program for residential customers of Ameren in Illinois: The program offers customers the ability to track in real time, via the Web, the day-ending regional commodity price of electricity. And as the rate fluctuates, participants can adjust their usage …

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