Back when the U.S. economy and power consumption still were bubbling, PJM reported in August 2006 that customer curtailments during a week-long August heat wave had generated more than $650...
on a smart thermostat pilot program and may not be representative of the population as a whole. -Chris King, eMeter Corp.
Statewide Pricing Pilot Results-Residential Performance Measure Average from
Price elasticity of peak period energy usage (own-price effect) -0.30 CPP-F: -0.27
Peak demand reduction - TOU 20% 24% Peak demand reduction - CPP
without automated response
24% 20% Peak demand reduction - CPP
with automated response
44% 49% Total usage reduction on weekdays
4% CPP-F: 6%
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