-time pricing" for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand …Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the … elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The …

household electricity demand that addresses these difficulties. We estimate the model using data for a representative sample of … California households, and summarize how electricity demand elasticities vary in that state. We then use the model to analyze the …Recent efforts to restructure and partially deregulate electricity markets have renewed interest in understanding how …

Currently, most U.S. electricity consumers pay a constant price per kWh consumed that accounts for most of their bill …

Since the 1970s, high volumetric (per kilowatt-hour) electricity prices have been justified in many policy discussions … as encouraging more efficient use of electricity and placing more of the cost burden on those who are less prudent in … their use. The argument has been used in support of increasing-block electricity pricing, under which the price per kilowatt …

In electricity markets, generators are rewarded both for providing energy and for enabling grid reliability. The two …

Electricity restructuring has created the opportunity for producers to exercise market power. Oligopolists increase … implications of production inefficiencies attributed to market power in the Pennsylvania, New Jersey, and Maryland electricity … market. Air pollution fell substantially during 1999, the year in which both electricity restructuring and new environmental …

vary as their costs change. Yet, there is no restructured electricity market in which most retail customers can be charged … customers on time-invariant pricing in competitive electricity markets. Not only does time-invariant pricing in competitive … or subsidies on electricity or capacity are unlikely to succeed, because these interventions create new inefficiencies …

We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap …, respectively. Across these matched pairs, the cap-and-trade mechanism produced much higher wholesale electricity prices (38.5% to … 52.6% higher) and lower total electricity production (2.5% to 4.0% lower) than the "equivalent" carbon tax, without any …

This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers … customers also face the possibility of a demand charge on their electricity consumption during the three half-hour periods that … day due to changes in all components of day-ahead E&W electricity prices, the level of the demand charge and the …