Download
Download eBook for Free
Format | File Size | Notes |
---|---|---|
PDF file | 1.7 MB | Use Adobe Acrobat Reader version 10 or higher for the best experience. |
Purchase
Purchase Print Copy
Format | List Price | Price | |
---|---|---|---|
Add to Cart | Paperback47 pages | $20.00 | $16.00 20% Web Discount |
This report is an executive summary of a larger body of research. It contains the authors' major policy recommendations for electricity pricing. The detailed analyses on which these findings are based are contained in some 48 separate studies. The policy recommendations of the authors are as follows: The time-of-day (TOD) rate structure should be tailored to the cost circumstances of the particular utility, with the peak period encompassing the hours of highest cost; utilities and commissions considering the introduction of TOD rates can use the authors' results to generate reasonable projections of response in their service territory; the projections will not exactly predict the results for any given utility; TOD rates for residential customers should be implemented selectively and designed to attract households for whom they are cost-effective; and a utility should conduct a cost-benefit analysis that incorporates data on local conditions when establishing the desirable minimum level of use for TOD rates.
This report is part of the RAND Corporation Report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.