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electricity prices

Stakeholders Gather to Discuss How Time-Variant Electricity Pricing Can Work in New York

April 18, 2015 by EDF Energy Exchange

New York Electricity Pricing

Last week, Environmental Defense Fund co-hosted a successful forum on residential time-variant electricity pricing – which allows customers to pay different prices for electricity depending on when it is used – within the context of New York’s ‘Reforming the Energy Vision’ proceeding.[read more]

Emerging Technologies Can Pave the Way for Time-Variant Electricity Pricing

March 27, 2015 by EDF Energy Exchange

Variable Electricity Pricing and Tech

The amount of energy we use at any given time is constantly changing. Lights are switched on and off by time of day, appliances operate based on the season. In order to meet our dynamic energy demands, our system has to have the infrastructure and resources in place to respond when needed.[read more]

Growth in Residential Electricity Prices Highest in 6 Years, but Expected to Slow in 2015

March 22, 2015 by U.S. EIA: Today in Energy
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Residential Electricity Pricing Trends

Residential electricity customers in most areas of the country experienced large increases in retail electricity prices during 2014, with the average U.S. residential price increasing 3.1% over the previous year. The increase represents the highest annual growth rate since 2008.[read more]

Time-Variant Pricing 101: All Electricity is Not Priced Equally

January 30, 2015 by EDF Energy Exchange

Electricity Pricing

Utilities and regulators have made great strides in promoting renewable energy, increasing the efficiency of the power grid, and reducing pollution. But customers can be part of the solution by better managing their use of electricity, especially during those times when it is most expensive and dirty to produce.[read more]

Smart Meters Need Effective Electricity Pricing to Deliver Their Full Benefits

December 20, 2014 by EDF Energy Exchange
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Smart Meters and Electricity Pricing

Smart meters, which can provide energy consumers with detailed electricity use data throughout the day, are a critical piece of a smarter, more resilient 21st century energy system. But they are not a cure-all for modernizing our antiquated power grid.[read more]

Rationalizing California's Residential Electricity Rates

September 30, 2014 by Severin Borenstein
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California Home Electricity Rates

California is talking seriously about changing the way utilities price electricity for residential customers. As a result of recent legislative actions, the CPUC now has some flexibility to modify the extreme increasing-block pricing schedules that were adopted after California’s 2000-01 electricity crisis.[read more]

'Time-of-Use' Electricity Pricing

September 21, 2014 by EDF Energy Exchange

Electricity Pricing

My mom is a pro at shopping for good deals. She taught me the importance of timing my purchases during the off-peak season to get the most value for my dollar. Time-of-Use (TOU) electricity pricing reminds me of the lessons my mom taught me.[read more]

Friday Energy Facts: Residential Electricity Prices are Rising

September 5, 2014 by U.S. EIA: Today in Energy

Home Electrical Cost

U.S. retail residential electricity prices for the first half of 2014 averaged 12.3 cents per kilowatthour, an increase of 3.2% from the same period last year. This is the highest year-over-year growth in residential prices for the first half of the year since 2009.[read more]

The Effect of Intermittent Renewables on Electricity Prices in Germany

January 9, 2014 by Schalk Cloete
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Germany and Intermittent Renewables

Falling electricity prices offer a good demonstration of how quickly the market discounts intermittent renewables as penetration increases, thereby further eroding the already-poor competitiveness of these types of electricity sources.[read more]

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Electricity Prices Soar Past $200 per Megawatt-hour as Heat Wave Hits Eastern United States

July 17, 2013 by Jesse Jenkins
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Eastern Heat Wave

With a heat wave settling across the northeastern and Midwestern United States, electricity systems across some of the nation's most densely populated areas strained to meet peak demands today, sending power prices spiking.[read more]

Fracking and Your Electric Bill: How the Natural Gas ‘Boom’ Affects What You Pay?

May 10, 2013 by Veronique Bugnion
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electricity prices

The US shale gas boom has increased the supply of natural gas, which in turn has brought gas prices way down. Since gas is a fuel that runs power plants, its price affects your electric bill – depending on your utility.[read more]

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Will PG&E Be the First Utility To Fall To Solar Energy?

May 5, 2013 by Douglas Short
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With high and rising marginal prices, good sunshine, and an inability to respond to changed competitive circumstances: If ever an electric utility was set up to fall to solar energy, it is PG&E.[read more]

Consumers Pay For Nuclear's £1bn Windfall

July 22, 2011 by David Thorpe
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Consumers will end up footing the bill for the £1 billion windfall that nuclear power companies can expect to get from the government's support for this dangerous technology.The Carbon Price Floor system that has been proposed by the Treasury is estimated to provide £1 billion each for nuclear power developers and renewable energy...[read more]

Planet Money: Do smart meters curb energy use?

January 13, 2010 by Lynne Kiesling

Last Friday National Public Radio ran a Planet Money story called “Do smart meters curb energy use?” (first link is to program listing, second is to story transcript) Members of the KP community will not be surprised by any of the content in the report, but it does provide a good introduction to the “information and energy efficiency”...[read more]

State legislatures and PUCs prefer high annual electricity bills for retail customers

September 1, 2009 by Michael Giberson

According to a new paper by Jim Bushnell, Ben Hobbs and Frank Wolak, “the desire of [state] legislatures and state PUCs to protect consumers from wholesale price volatility comes at a cost we believe few consumers would be willing to pay if it were made explicit higher annual electricity bills.” And it isn’t just state politicians that...[read more]