Wang, Yong; Li, Lin - In: International Journal of Production Economics 156 (2014) C, pp. 246-259
Traditionally, manufacturing enterprises pay flat rates for each kiloWatt-hour (kWh) of electricity consumed. Newly available electric tariffs that charge both energy consumption (in kWh) and peak demand (in kiloWatts, i.e., kW) with varying time-of-use (TOU) rates have started to gain...