Corpus ID: 14954018

Consumer Strategies for Controlling Electric Water Heaters under Dynamic Pricing

@inproceedings{GohConsumerSF,
  title={Consumer Strategies for Controlling Electric Water Heaters under Dynamic Pricing},
  author={C. K. Goh}
}
—Electricity used to heat water represents 9% of residential demand in the USA and can be 40% in other countries. Hourly residential use of hot water is often anti-coincident with the peak generation of electricity, presenting an opportunity for reducing consumer costs under dynamic pricing during the afternoon generation peak. We have examined the effects of three strategies on customer costs under dynamic pricing: timed power interruption (long used by certain utilities), a price-sensitive… CONTINUE READING
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