ID | 149884 |
Title Proper | Financial incentive approaches for reducing peak electricity demand, experience from pilot trials with a UK energy provider |
Language | ENG |
Author | Leach, Matthew ; Bradley, Peter ; Coke, Alexia |
Summary / Abstract (Note) | Whilst tariff-based approaches to load-shifting are common in the residential sector, incentive-based approaches are rare. This is so, even though providing customers incentives to shape their power consumption patterns has substantial potential. This paper presents findings from an exploratory UK pilot study that trials financial payments and detailed energy feedback to incentivise load-shifting of residential electricity consumption. |
`In' analytical Note | Energy Policy Vol. 98, No.98; Nov 2016: p.108–120 |
Journal Source | Energy Policy 2016-11 98, 98 |
Key Words | Energy ; Energy Policy ; Smart Metering ; Barriers ; Financial Incentives ; Demand Side Response |