However, there is substantial variation in demand side response, mainly due to specific tariff design and the presence of “enabling technologies”, such as programmable thermostats or in-home displays (Commission for Energy Regulation, 2011; Faruqui and Sergici, 2013; U.S. Department of Energy,...
To help homeowners keep their heating systems in good working order, npower has launched a combinedÂenergy tariffand central heating care package, meaning that new customers signing up to the Bill Saver energy tariff can take advantage of discounted central heating care. Npower’s new offer combi...
Factors that are more relevant are the current type of electricity tariff, differentiated into non-green and green, with the latter having a positive influence, but also the tariff switching behavior of the past, which is a proxy for price sensitivity. Although WTP is positive, it is severely...
Fixed-rate tariffs– tariffs where the rate you pay per unit of electricity is fixed. While on a fixed-rate tariff you may not benefit from reductions in the market cost, as a business you’ll have price consistency, which is useful for planning finances and budgeting. It’s standard for ...
What is the motivation behind the bulk power tariff? The tariff is meant to improve efficiency in power distribution and relieve the burden on Kenya Power in pursuing defaulters. Bulk power purchasers will pay Kenya Power upfront, meaning that the State electricity distributor will protect ever...
meaning a natural gas facility that is covered by the regulations must either achieve the standard or cannot operate. If the performance standard is too stringent, there is a risk that facilities will wind up forgoing investments in abatement technologies like carbon capture and storage and instead...
If you’re looking to switch your business’ energy supplier, it’s worth considering the following factors: If the tariff is the cheapest one available to you The supplier’s customer support, including online reviews and customer service ratings Whether you can leave without paying an exit fee...
Box 2: Examples of electricity tariff structures Single Part Tariff – The operator charges a single price per unit of electricity for the entire amount of electricity consumed by the consumer. Although easy to administer, single part tariffs do not reflect cost structures and therefore might ...
The tariff system does not offer incentives to consumers to manage their power demand. There is evidence that industry would be open to a tariff system that would allow them to manage their power loads and consequently their electricity bills. In addition, electricity tariffs are not based on ...
Therefore, no reductions can be made for inflation, meaning that REFIT contracts are a hedge against inflation [32]. REFIT reference prices are lower than most feed-in tariffs in other countries, where they are fixed or are linked to market prices. As installed wind power increases, REFIT ...