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The Energy Technologies Area (ETA) is unique in translating fundamental scientific discoveries into scalable technology adoption. Our approach combines an understanding of the marketplace and the role of state and federal regulation and policies. ETA's research drives real-world, practical results that affect and improve the everyday lives of Americans and those across the globe. Saving energy and battling the Climate Crisis are key to the foundation of our research, which is driven by technoeconomic analysis and in-lab experimentation and discovery.

Cost-effectiveness of price response in the residential sector: Preliminary findings from the California experience

Publication Type

Conference Paper

Date Published

11/2003

Authors

Herter, Karen, Patrick McAuliffe, Arthur H. Rosenfeld

Abstract

Like many states and countries with restructured electricity industries, California is considering the use of price response to stabilize markets, improve reliability and reduce rates. An official investigation into the cost-effectiveness of advanced metering, demand response and dynamic pricing in the commercial, industrial and residential sectors is currently underway in California. Preliminary results show that some price response options are likely to be cost-effective for the residential sector. Ongoing research in California includes a statewide experiment to determine price elasticities in the residential sector, with results expected at the end of 2003. Future work will use these results in a detailed analysis of the cost-effectiveness of advanced metering and dynamic pricing in California.

Journal

3rd International Conference on Energy Efficiency in Domestic Appliances and Lighting (EEDAL)

Year of Publication

2003