Innovative Retail Pricing of Electricity
We assist regulators and utilities in Australia and Asia with “smart” electricity rate design and measures to enable efficient consumption behavior. We bring comprehensive experience with various forms of innovative pricing, including time-of-use pricing, critical peak pricing, peak time rebates, and real time pricing. In Australia, we have advised clients on the implementation of dynamic pricing to raise load factors and lower average energy costs for all consumers, without harming vulnerable consumers. In Hong Kong and Singapore, we evaluated pilot programs on time varying rates for residential and small C&I customers and on technology-based systems to provide better consumption information to customers.