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We estimate the cost of installing smart meters in the EU to be [euro]51 billion, and that operational savings will be worth between [euro]26 and 41 billion, leaving a gap of [euro]10-25 billion between benefits and costs. Smart meters can fill this gap because they enable the provision of...
Persistent link: https://www.econbiz.de/10008863641
Dynamic pricing has garnered much interest among regulators and utilities, since it has the potential for lowering energy costs for society. But the deployment of dynamic pricing has been remarkably tepid. The underlying premise is that dynamic pricing is unfair. But the presumption of...
Persistent link: https://www.econbiz.de/10008864919
In theory, In-Home Displays (IHDs) can revolutionize the way utilities communicate information to customers because they can induce changes in customer behavior even when they are not accompanied by a change in electric prices or rebates for purchasing efficient equipment. IHDs provide consumers...
Persistent link: https://www.econbiz.de/10011053783