Impact of Different Time of Use Electricity Pricing Structure on Residential Consumer

Load profile for residential users is different from commercial users where peak load occurs outside of work hours compared to working hours. Consequently, the Time of Use-based electricity price must be different not only in terms of price, but also in terms of time block structure. This paper exam...

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Main Authors: Mohd Azman, Nur Azrina (Author), Abdullah, Md Pauzi (Author), Yusri Hassan, Mohammad (Author), Mat Said, Dalila (Author), Hussin, Faridah (Author), Rosmin, Norzanah (Author), Maherah Hussin, Siti (Author)
Format: EJournal Article
Published: Institute of Advanced Engineering and Science, 2018-06-01.
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LEADER 02558 am a22003613u 4500
001 ijeecs12040_8469
042 |a dc 
100 1 0 |a Mohd Azman, Nur Azrina  |e author 
100 1 0 |e contributor 
700 1 0 |a Abdullah, Md Pauzi  |e author 
700 1 0 |a Yusri Hassan, Mohammad  |e author 
700 1 0 |a Mat Said, Dalila  |e author 
700 1 0 |a Hussin, Faridah  |e author 
700 1 0 |a Rosmin, Norzanah  |e author 
700 1 0 |a Maherah Hussin, Siti  |e author 
245 0 0 |a Impact of Different Time of Use Electricity Pricing Structure on Residential Consumer 
260 |b Institute of Advanced Engineering and Science,   |c 2018-06-01. 
500 |a https://ijeecs.iaescore.com/index.php/IJEECS/article/view/12040 
520 |a Load profile for residential users is different from commercial users where peak load occurs outside of work hours compared to working hours. Consequently, the Time of Use-based electricity price must be different not only in terms of price, but also in terms of time block structure. This paper examines the impacts of different TOU structures on TOU prices and load profiles of residential consumer. Four TOU structures are tested on the real load profile for a selected residential consumer area in Malaysia. Two elasticity factors are used for each structure to represent two different groups of users, a group that responds highly to price changes and a group that does not. The TOU price set for each structure is determined optimally subject to the following constraints; the price difference between the TOU and a fixed price per hour should be minimized and the amount of difference between price increase and price drop should be equal. From the analysis, the TOU structure with 12-time blocks provides better price signals and peak load reduction. 
540 |a Copyright (c) 2018 Institute of Advanced Engineering and Science 
540 |a http://creativecommons.org/licenses/by-nc/4.0 
546 |a eng 
690
690 |a Time-of-Use; Electricity-consumption; Load-Profile; Elasticity factor; Residential-consumer 
655 7 |a info:eu-repo/semantics/article  |2 local 
655 7 |a info:eu-repo/semantics/publishedVersion  |2 local 
655 7 |2 local 
786 0 |n Indonesian Journal of Electrical Engineering and Computer Science; Vol 10, No 3: June 2018; 1053-1060 
786 0 |n 2502-4760 
786 0 |n 2502-4752 
786 0 |n 10.11591/ijeecs.v10.i3 
787 0 |n https://ijeecs.iaescore.com/index.php/IJEECS/article/view/12040/8469 
856 4 1 |u https://ijeecs.iaescore.com/index.php/IJEECS/article/view/12040/8469  |z Get fulltext