Time-of-use (TOU) pricing has emerged in recent years as a popular rate program, offering utilities both a more efficient pricing mechanism and a tool for load management. Initial experiments with TOU pricing were generally designed to provide evidence on customer response to mandatory TOU...

Service options for the electric utility industry are increasingly including provisions to dynamically dispatch prices or service interruption calls to customers. When the number of such calls is contractually limited, then the issue of optimally dispatching the calls must be addressed. An...

Hick's (1936) theorem allows aggregation of commodities when their relative prices are fixed, but contrary to a widely expressed view, it does not require that they be aggregated. Even in cases in which commodities have identical prices, all of their income elasticities and many of their price...

Abstract Currently Unavailable.

Abstract Currently Unavailable.

Load forecasting models employed in the electric utility industry have become increas ingly dependent upon information about the electricity used by indivi dual appliances (i.e., end uses). Currently, information on appliance usage is obtained from two fundamentally different sources: (1) engi...

The purpose of this paper is to review and synthesize recent North American research into the demand for service reliability and to draw conclusions of general interest to the utility industry. The electric power industry has, over the past 15 years, experienced increasing pressures to become...

Abstract Currently Unavailable.

The electric power industry has become increasingly interested in the value customers place upon service reliability, with the demand for reliability couched in terms of outage or shortage costs. The survey-based method of eliciting these costs dominates the literature. This paper explores and...