The primary goal of a pricing experiment is basically the same as that for an experiment in direct load control: To discover the effects of time-of-day pricing on the shape of the daily load curve for a particular customer or class of customers. For the pricing experiment, it is also of interest to know how those effects are related to the pricing structure itself.
In this paper, we consider two alternative models of kwh consumption for residential customers as the basis for calculating an optimal experimental design, and compare them in terms of the levels of precision of estimation (for various sample sizes) they can achieve for the various parameters of interest.
Aigner, Dennis J., "Sample Design for Electricity Pricing Experiments: Anticipated Precision for a Time-Of-Day Pricing Experiment" (1976). UMR-MEC Conference on Energy / UMR-DNR Conference on Energy. 200, pp. 777-783.
3rd Annual UMR-MEC Conference on Energy (1976: Oct. 12-14, Rolla, MO)
Article - Conference proceedings
Demand Metering and Rate Design
© 1977 University of Missouri--Rolla, All rights reserved.
14 Oct 1976