Nudging electricity consumption using TOU pricing and feedback: Evidence from Irish households

Arbeitspapier

This paper analyses the electricity usage of 5,000 Irish residential consumers in response to the introduction of TOU tariffs and three different forms of financial feedback: immediate feedback from in-home displays (IHD), monthly billing and bimonthly billing. Halfhourly data on consumption collected during the trial indicated that TOU tariffs reduced consumption at peak, with some reductions lasting beyond the end of the peak period and post-peak spikes in usage were not observed. IHD feedback resulted in the most reliable reductions and bimonthly billing the least. Households with greater education used the information associated to the TOU tariffs slightly better than the average.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ESRI Working Paper ; No. 508

Classification and Topics

• Classification: Wirtschaft
• Subject: demand management ; smart meter trials ; information ; TOU tariffs

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Di Cosmo, Valeria ; O'Hora, Denis ; Devitt, Niamh
• Event: Veröffentlichung
• (who): The Economic and Social Research Institute (ESRI)
• (where): Dublin
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/129405
• Last update: 10.03.2025, 11:42 AM CET