Episode #20: ‘Is it Time for Time-of-Use Rates?’ with James Riley of Appos Advisors - [an Energy Central Power Perspectives™ Podcast]Posted to Energy Central in the Load Management Group
- Sep 8, 2020 1:09 pm GMT
Creative rate structures from utilities meant to give customers nudges on customer consumption behaviors are nothing new, but with the advent of smart technologies they are indeed becoming more common. As the recent spate of rolling blackouts in California demonstrated, giving the power markets more tools to influence when energy is consumed is needed more than ever to align supply with demand and ensure customers can depend on reliable and resilient energy systems.
James Riley, a Partner at Appos Advisors, has spent plenty of time consulting utilities on how, why, and where to launch time-of-use rate structures that provide financial incentive to customers to shift their energy consumption away from peak hours, and he recently shared with the Energy Community his experience as a utility customer in California who changed to a time-of-use rate structure himself. With this lens, James walks Jason Price and Matt Chester of the Energy Central Power Perspectives Podcast through the benefits of time-of-use rates, including the ability to more efficiently integrate renewable energy into the grid while optimizing the energy markets so that supply and demand can be more in sync, not to mention the benefits that such plans can bring to attentive customers.
James Riley’s Energy Central Profile: https://energycentral.com/member/profile/113802
The Times They are a Changin’: https://energycentral.com/c/pip/times-they-are-changin%E2%80%99
As a reminder, the Energy Central Power Perspectives™ Podcast is always looking for the authors of the most insightful articles and the members with most impactful voices within the Energy Central community to invite them to discuss further so we can dive even deeper into these compelling topics. Posting twice per month (on the second and fourth Tuesdays), we'll seek to connect with professionals in the utility industry who are engaging in creative or innovative work that will be of interest to their colleagues and peers across the Energy Central community. Some podcasts may be a continuation of thought-provoking posts or discussions started in the community or with an industry leader that is interested in sharing their expertise and doing a deeper dive into hot topics or issues relevant to the industry.
The Energy Central Power Perspectives™ Podcast is hosted by Jason Price, Community Ambassador of Energy Central. Jason is a Business Development Executive at West Monroe, working in the East Coast Energy and Utilities Group. Jason is joined in the podcast booth by the producer of the podcast, Matt Chester, who is also the Community Manager of Energy Central and energy analyst/independent consultant in energy policy, markets, and technology.
If you want to be a guest on a future episode of the Energy Central Power Perspectives™ Podcast, let us know! We’ll be pulling guests from our community members who submit engaging content that gets our community talking, and perhaps that next guest will be you! Likewise, if you see an article submitted by a fellow Energy Central community member that you’d like to see broken down in more detail in a conversation, feel free to send us a note to nominate them. For more information, contact us at firstname.lastname@example.org. Podcast interviews are free for Expert Members and professionals who work for a utility. We have package offers available for solution providers and vendors.
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