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Time-based electricity pricing for large-volume customers: A comparison of two buildings under tariff alternatives

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  • Yalcintas, Melek
  • Hagen, William T.
  • Kaya, Abidin

Abstract

This study investigates a variety of pricing policies for commercial and industrial customer sectors. Two building examples were used to analyze energy usage by buildings under the uniform-rate and time-based pricing schedules of three electricity utilities. Critical-peak and real-time price signals encourage building managers to implement the greatest number of measures to reduce their electricity costs. Consumption-shifting and curtailment measures that take into account time-based electricity prices do not appear to reduce energy usage and costs as much as regular energy-efficiency measures. Nonetheless, expanding the focus of energy management to include measures based on time-based pricing can help reduce electricity costs for commercial and industrial buildings.

Suggested Citation

  • Yalcintas, Melek & Hagen, William T. & Kaya, Abidin, 2015. "Time-based electricity pricing for large-volume customers: A comparison of two buildings under tariff alternatives," Utilities Policy, Elsevier, vol. 37(C), pages 58-68.
    • Handle: RePEc:eee:juipol:v:37:y:2015:i:c:p:58-68
    DOI: 10.1016/j.jup.2015.10.001
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    References listed on IDEAS

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    2. Kowalska-Pyzalska, Anna & Maciejowska, Katarzyna & Suszczyński, Karol & Sznajd-Weron, Katarzyna & Weron, Rafał, 2014. "Turning green: Agent-based modeling of the adoption of dynamic electricity tariffs," Energy Policy, Elsevier, vol. 72(C), pages 164-174.
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    Cited by:

    1. Thangavelu, Sundar Raj & Myat, Aung & Khambadkone, Ashwin, 2017. "Energy optimization methodology of multi-chiller plant in commercial buildings," Energy, Elsevier, vol. 123(C), pages 64-76.
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    3. Saffari, Mohammad & de Gracia, Alvaro & Fernández, Cèsar & Belusko, Martin & Boer, Dieter & Cabeza, Luisa F., 2018. "Optimized demand side management (DSM) of peak electricity demand by coupling low temperature thermal energy storage (TES) and solar PV," Applied Energy, Elsevier, vol. 211(C), pages 604-616.

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