The practical electricity data and pilot projects have been analyzed on dynamic pricing and they have shown that if the Roanoke Energy Rates and income are made flexible Then there can be a significant enhancement in demand response to several lifestyle and behavioral factors. researchers are totally supporting the dynamic pricing method because of its effectiveness in managing the demand and a reduction in peak load of about 30%. It is because customers are more inclined to reduce their energy consumption because it might really not be easy to reschedule it.
The hot climate shows the best response regarding consumption. The proper implementation of dynamic pricing just requires good. To stimulate a better response, pricing schemes should vary in different markets. Supporting programs can be implemented to reduce the fear among customers that their expenses will increase excessively.
A survey of 14 utilities in 1993 showed that customers responded well …