Exciting! A current student a Princeton is going to analyze anonymized energy data from Wattvision to determine if our users could save money with different rate structures.
"I hope to compare anonymized electrical usage data with historical prices to see how residential electricity bills would change if utilities used different pricing structures. The goal is to see which pricing structures provide the most benefit to users by improving the efficiency of the current rate design and offering incentives for conservation. Also, if possible, I would like to try and study how these changes impact different demographics."In more simple terms: I want to see how people's electricity bills would change if they didn't pay just a flat rate for electricity. Specifically, which pricing methods allow people with good conservation habits to save the most money, and how they would impact different demographics.- Sharon Gao '15