How do consumers engage with information about smart/time-of-use tariffs, and how do they use this to make decisions? What information helps open the market beyond the most engaged consumers, enabling lower cost lower carbon electric for everyone.
Background
BEIS has committed to ending the UK’s contribution to global warming by achieving net zero greenhouse gas emissions by 2050. Our work towards becoming a leader in green technologies and clean energy will drive economic growth, all whilst accelerating global climate action through strong international leadership.
Next steps
Get in touch with ari.comment@go-science.gov.uk
Source
This question was published as part of the set of ARIs in this document:
Topics
- arts, culture, entertainment and media
- mass media
- news media
- online media outlet
- social media
- influencers
- economy, business and finance
- consumer goods
- consumer electronics
- advertising
- public relations
- economy
- macro economics
- consumer confidence
- consumer issue
- credit and debt
- market and exchange
- education
- society
Related UKRI funded projects
-
Advanced Dynamic Energy Pricing and Tariffs (ADEPT)
This project addresses a crucial research question that must be answered in the near term is How complicated can, or should, a dynamic electricity tariff be? , such that it is accepted by the public and offers clear enha...
Funded by: EPSRC
Why might this be relevant?
The project addresses the question of how consumers engage with information about smart/time-of-use tariffs and how they use it to make decisions, and aims to discover understanding of the whole interacting system.
-
SmartSTOR
The UK has committed itself to the universal roll out of smart meters - 53million for all homes and small businesses with 3.6million installed so far. An enabler for half hourly billing, smart meters are seen as a prec...
Funded by: Innovate UK
Why might this be relevant?
The project specifically focuses on smart/time-of-use tariffs and consumer behavior in response to pricing signals.
-
OFfSET - Optimised Forecasting for Switching Energy Tariffs
"The Optimising & Forecasting for Switching Energy Tariffs ""OFfSET"" project brings Samsung's UK-based Research team together with energy market disruptors Labrador and home energy managemen...
Funded by: Innovate UK
Why might this be relevant?
The project addresses time-of-use and capacity-based domestic electricity tariffs and consumer behavior patterns.