The on tap on demand resource of electric power is a kind of product. Like there is a regular price and a 2-for-1 sale price for, let's say, men's blazers or candy bars, there is more than one price for a unit of electricity. There is a price during what's called off-peak time. There is another for peak time, usually the interval of 12 to 6 pm. Price depends on when it is demanded, so flip a switch late morning and keep lights glowing until late night and it results in billing that goes back and forth... off-peak, peak, off-peak price.
And there are none of the usual consumer options. There is one electric utility company where you work. There is one electric utility company where you live. Only one. For the customer, there is no moment of decision to switch to another local utility company because it has better prices.
That is not how it goes with electricity.
The business model for utility companies is unique. You might even say odd. But drill down into their engineering assets and billing methods and you will see why. The good news is there is opportunity for customer choice. Within connections between "supply-er" and "demand-er" important patterns are found. Another model exists. It is a model made to reward the customer.
next> calendar model
And there are none of the usual consumer options. There is one electric utility company where you work. There is one electric utility company where you live. Only one. For the customer, there is no moment of decision to switch to another local utility company because it has better prices.
That is not how it goes with electricity.
The business model for utility companies is unique. You might even say odd. But drill down into their engineering assets and billing methods and you will see why. The good news is there is opportunity for customer choice. Within connections between "supply-er" and "demand-er" important patterns are found. Another model exists. It is a model made to reward the customer.
next> calendar model