KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada

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Abstract

Using a large sample of customer-day observations from BC Hydro's residential optional dynamic pricing pilot for the winter-peaking city of Campbell River in British Columbia, Canada, we estimate a system of two electricity demand regressions for daily peak and off-peak periods during November 2007 to February 2008. Our findings support using automatic load control-enhanced dynamic pricing to shave a smart electric grid's system peak demand and improve the grid's capacity utilization.

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Woo, C. K., Zarnikau, J., Li, R., & Shiu, A. (2016). KWh effects of residential optional dynamic pricing: Winter evidence from British Columbia, Canada. Electricity Journal, 29(9), 44–47. https://doi.org/10.1016/j.tej.2016.10.012

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