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Exploring Electricity Pricing: Are Alternatives to Flat-Rate Plans Worth It?

Energy Policy Now

CHAPTER

Rethinking Electricity Pricing Models

This chapter examines the inefficiencies of flat-rate electricity pricing and explores alternative models such as time-of-use and critical peak pricing. It discusses the implications of these models on consumer behavior, investment in power infrastructure, and potential cost savings. The chapter also highlights the balance between simplicity and complexity in pricing schemes, especially in relation to renewable energy sources and environmental benefits.

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