‘Smart’ appliances need variable electricity rates
December 14th, 2009
From news.cnet.com:
|
Posted in: Older posts not yet categorized
blog comments powered by Disqus
Daily News on Consumer Electronics and Connected Devices
They need to expain why peak rates matter. We all use the energy we need when we need it. Using it at peak or off peak it's all the same to us consumers.
Why it matters to utilities is that if they can create uniform demand they will need less, peak only generation facilites which saves them capital costs. Lower capital costs tranlsates to lower generation costs and that can result in lower rates overall.
They need to expain why peak rates matter. We all use the energy we need when we need it. Using it at peak or off peak it's all the same to us consumers.
Why it matters to utilities is that if they can create uniform demand they will need less, peak only generation facilites which saves them capital costs. Lower capital costs tranlsates to lower generation costs and that can result in lower rates overall.