Technology has evolved faster than utility-offered rate designs have, and consumer choice will continue to grow as advanced energy technologies — from electric vehicles to battery storage — and smart grid optionality become available. These changes should likewise prompt advances in electricity pricing, in order to send price signals that are consistent with grid costs and demands. This policy brief, part of a series examining rate design issues in New England, examines a handful of promising modern rate designs from around the region and beyond, and explores how the New England states can further adapt to improve customer options and bring electricity pricing into the 21st century.
Rate Designs That Work for a Modern, Customer-Oriented Grid
February 26, 2020
- David Littell ,
- Joni Sliger