Some reports have been released from experiments in SmartgridCity (Boulder, Colorado USA) with various dynamic pricing strategies for electricity. General lessons:
- CPP (critical Peak Pricing) can work, even with purely manual response.
- In home automation works; smart thermostats to stear the AC work quite well.
- BUT: General response is low, benefits are marginal and participation decreases over time.
The general state of dynamic pricing in the USA is:
Time of use (TOU) rates are available to only 1% of residential customers, according to the Brattle Group, and only 1% of those ratepayers use them.
Here is the link to the original Utilitydive New item: Smart meters are here. So why isnt dynamic pricing? | Utility Dive.
Here are the links to the two SmartGridCity reports on the web:
Here is another background article on dynamic pricing effectiveness and the background behind its lack of success with smaller customers (which is not related to lack of smart meters).