Arbeitspapier

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

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.

Language
Englisch

Bibliographic citation
Series: ESRI Working Paper ; No. 508

Classification
Wirtschaft
Subject
demand management
smart meter trials
information
TOU tariffs

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

Handle
Last update
10.03.2025, 11:42 AM CET

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Object type

  • Arbeitspapier

Associated

  • Di Cosmo, Valeria
  • O'Hora, Denis
  • Devitt, Niamh
  • The Economic and Social Research Institute (ESRI)

Time of origin

  • 2015

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