time-of-use rates

also referred to as: time of use rates

4 statements across 3 episodes · 1 bullish · 3 bearish · 3 people on the record · first statement Nov 30, 2023 by Nick Woolley · across every show →

Everything said about time-of-use rates, oldest first

Nov 30, 2023 negative
Insight
Woolley: Static time-of-use EV rates trigger massive secondary timer peaks
“The next level is, like, maybe you provide a time of use rate, and obviously, in markets like California, we've provided time of use rates. The big con to that is, what you get is, you get this massive secondary peak. You get what's called a timer peak. So you…”
Nick Woolley Nov 30, 2023 ▶ 22:48 EV charging on both sides of the pond
Nov 30, 2023 negative
Assertion Supported
Woolley: Some California EV drivers pay punitive rates without changing charging habits
“However, what we see in California with some of our partners that we're working with, what they've done is they've rolled out time of use rates, and they've sort of forced that on consumers. And so, and some of those consumers have not changed their behavior a…”
Nick Woolley Nov 30, 2023 ▶ 25:17 EV charging on both sides of the pond
May 28, 2024 bearish
Insight
Faruqi: Time-of-use rates are a poor fit for heat pumps
“A heat pump, which is both an air conditioner in the summer and a heat source in the winter, will be running precisely when there is a peak situation in the summer or a peak situation in the winter. Actually, it will create a peak demand in the winter that cur…”
Ahmad Faruqi May 28, 2024 ▶ 7:34 With Great Power: Why dynamic rates are gaining momentum
Feb 4, 2025 positive
Insight
Engstrom: Customers Opposing TOU Rates Often Willingly Accept EV Time-of-Use Rates
“Many customers who might say they don't they're opposed to time of use rates may have no issues at all with signing up for an EV rate, even though an EV rate typically is a time of use rate.”
Scott Engstrom Feb 4, 2025 ▶ 15:46 Are utilities ready to fully harness demand flexibility? [partner content]
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