Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192428 
Year of Publication: 
2006
Series/Report no.: 
Discussion Papers No. 446
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
Offering electricity consumers time-differentiated tariffs may increase demand responsiveness, thereby reducing peak consumption. However, one concern is that time-differentiated tariffs may also attract consumers who benefit because of their consumption pattern, even without a corresponding demand response. A discrete choice model applied to data from a residential dynamic pricing experiment indicates that higher demand flexibility increases the propensity of a household to select dynamic tariffs, while favourable consumption patterns do not influence the tariff choice. The offering of dynamic time-differentiated tariffs is then likely to increase the demand response among residential consumers.
Subjects: 
demand response
dynamic pricing
electricity tariff
self-selection
rate option.
JEL: 
D10
Q41
Document Type: 
Working Paper

Files in This Item:
File
Size
296.8 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.