Bringing Residential Real-time Pricing to Scale in Illinois
Thursday, February 24th, 2011
As the national debate on smart grid technologies rages, Illinois’ real-time pricing programs can serve as a valuable lesson to the nation. These programs have reduced participant’s electric usage and bills and are shifting usage to non-peak times of day, when electricity is cheaper to produce and our infrastructure is less congested. However, to lower electricity prices and improve reliability for everyone, the programs must have enough participants to significantly impact electricity markets. So far, Illinois’ programs have not garnered as much participation as anticipated. Consequently, they are not living up to their potential to benefit customers. Read more »
