Posted by: Suhit Anantula on: October 5, 2007
The Victorian state in Australia wants to introduce smart metering to all households and businessess. The idea is that continous feedback combined with “peak pricing” or ”time of use pricing” will decrease consumption.
As we suggested a while ago, price feedbacks have worked in other parts of the world.
There is no reason a Woodstock-type metering system should not be combined with TOU (Time-of-Use) pricing. If the original scheme resulted in savings of 15%, combining that with [...]
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