February 19, 2020
EnerKnol’s Visual Primer – Time-Varying Rates Gain Prominence as Smart Metering and Renewables Expand
Success of time-of-use tariffs hinges on customer education and equitable rate design principles.
Electric utilities and regulators across the U.S are increasingly considering time-varying rates as a means to reduce peak energy demand, utilize smart meter investments, and balance the grid amid the proliferation of distributed energy resources, including electric vehicles. Rate design that works in concert with the innovations in clean energy technology is critical to modernize the distribution grid.