The Transformative Power of Time-Varying Rates
- Mar 8, 2019 12:10 am GMT
The California Public Utilities Commission’s decision to move ahead with default deployment of time-of-use (TOU) rates in 2020 in the service territory of the state’s three investor-owned utilities has unleashed a flurry of negative headlines in the media. Many parties are fearful that instead of yielding any benefits, TOU rates will cause customer bills to go up.
But as best as can tell, that has not happened anywhere else where TOU rates have been deployed. Here are a few examples of success:
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