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Electricity Consumption by Time of Use in a Hybrid Demand System

In: Public Sector Economics

Author

Listed:
  • 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

Suggested Citation

  • Bridger M. Mitchell & Jan Paul Acton, 1983. "Electricity Consumption by Time of Use in a Hybrid Demand System," Palgrave Macmillan Books, in: Jörg Finsinger (ed.), Public Sector Economics, chapter 3, pages 27-64, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-06504-2_3
    DOI: 10.1007/978-1-349-06504-2_3
    as

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