Scott Engstrom, Chief Commercial Officer at GridX, explains why offering a portfolio of targeted rates overcomes customer resistance to time-varying electric utility pricing.
0:00 / 0:09exact quote · 9.9s
720p mp4 · rendered on demand · StarZero watermark
“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.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Scott Engstrom
AssertionNot checkable as stated
Low-Income Customers Often Benefit From TOU Rates Without Changing Usage Habits
“We've seen differences in some places. We've seen actually that on the whole low income customers do better without making any changes to their usage with through a time of use rate. And in others, we've seen that not be the case.”
Scott EngstromFeb 4, 2025▶ 17:47Are utilities ready to fully harness demand flexibility? [partner content]
AssertionSupported
Engstrom: Utilities' demand flexibility programs remain largely in pilot stage
“Most utilities have some sort of net zero or close to net zero goal, but that goal is in 2030, 2040, 20 50, out sometime, and so thinking about what that demand flexibility is needed to meet that new supply stack is still being figured out, and we're in very m…”
Scott EngstromFeb 4, 2025▶ 6:12Are utilities ready to fully harness demand flexibility? [partner content]
PredictionNot checkable as stated
Engstrom: AI and smart devices will automate dynamic electricity pricing responses
“But I think where we're really going is with technology, artificial intelligence connected devices to really be able to, for humans to say, this is a What's gonna make me comfortable in my house is at this time of day to set the thermostat here or there and gi…”
Scott EngstromFeb 4, 2025▶ 23:51Are utilities ready to fully harness demand flexibility? [partner content]
AssertionSupported
Engstrom: SCE achieved 75 MW load reduction via on-peak pricing
“And they were actually able to measure that they got 75 megawatts of load reduction just as a result of customers who either actively or passively reacted to the fact that those on-peak prices are higher than off-peak prices.”
Scott EngstromFeb 4, 2025▶ 2:23Are utilities ready to fully harness demand flexibility? [partner content]
Disclosure
GridX Is Working With Utilities on Hourly Dynamic Electricity Rates
“Currently, we are working with some utilities who are doing what they call dynamic rates. These are rates Where prices change every hour, could change every hour, trying to mimic more what's happening in the wholesale markets and or challenges on the distribut…”
Scott EngstromFeb 4, 2025▶ 13:10Are utilities ready to fully harness demand flexibility? [partner content]
AssertionSupported
Engstrom: Direct wholesale-indexed retail power plans have largely died in Texas
“And so that, I think, as a pricing plan has largely died in Texas.”
Scott EngstromFeb 4, 2025▶ 21:30Are utilities ready to fully harness demand flexibility? [partner content]
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.