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arxiv: 1605.08078 · v1 · pith:AN3GUKR3new · submitted 2016-05-25 · 📊 stat.ME · stat.AP

A baseline-free method to identify responsive customers on dynamic time-of-use tariffs

classification 📊 stat.ME stat.AP
keywords dynamicdatatime-of-useconsumptioncustomermethodtariffsabsolute
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Dynamic time-of-use tariffs incentivise changes in electricity consumption. This paper presents a non-parametric method to retrospectively analyse consumption data and quantify the significance of a customer's observed response to a dynamic price signal without constructing a baseline demand model. If data from a control group is available, this can be used to infer customer responsiveness - individually and collectively - on an absolute scale. The results are illustrated using data from the Low Carbon London project, which included the UK's first dynamic time-of-use pricing trial.

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