In the telecommunications business most telephone calling and Internet surfing is done at fixed prices; the trend favors flat rates. But, there’s no flat rate for electricity, where, to an increasing extent, the ground rule is “use more, pay more.” That rule is likely to be applied even more stringently in the future.
With time-of-use pricing, which is opposite of flat rate pricing, if a customer uses his or her washer and dryer during peak demand periods, that customer will pay a hefty surcharge. But, if the customer does his or her laundry at night when demand is low, that customer will get a discount. On weekends, electric power might even be free. Why make things so complicated when customers like them simple?
via Smart Meters Help Stabilize the Grid – Utility Automation/Electric Light & Power.
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