Modeling the Impact of Voluntary Time of Use Rates for Business and Industry

K.H. Tiedemann (Canada)


Time of use rates, Electricity prices, Statistical models, Regression analysis


With time-of-use rates (TOU), electricity prices are higher during peak periods when marginal cost of generation and distribution are high and lower during off-peak periods when the marginal costs of generation and distribution are low. A number of studies have examined the impact of mandatory TOU rate schemes on peak demand for commercial and industrial customers, but few studies have focussed on utilities with voluntary TOU schemes. This paper attempts to help fill this gap by analyzing data from BC Hydro’s commercial and commercial time of use rate pilot.

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