Price-responsive retail demand: Key to competitive electricity markets

被引:0
|
作者
Hirst, E.
机构
来源
IEEE Engineering Management Review | 2001年 / 29卷 / 02期
关键词
Competition - Cost accounting - Customer satisfaction - Electric power transmission - Marketing;
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学科分类号
摘要
Price-resposive retail demand, which holds the key to competitive electricity markets is discussed. Electricity price consists of two components namely electricity commodity and insurance premium which protects customers from price variations. Price-responsive retail helps the customers in lowering their electricity bills by self-insuring and by shifting electricity use away from high to low-price periods.
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页码:31 / 35
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