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Title: Electric rates for commercializing thermal storage in buildings

Conference ·
OSTI ID:6274318

This paper describes the economic benefits of thermal storage in residential buildings and analyzes alternative electric-rate designs to commercialize thermal-storage technologies. Storage in three residential applications are considered: electric storage heating, storage air conditioning, and storage domestic water heating. The storage systems collect off-peak electric energy for thermal applications during peak-load hours. The economic rationale for the systems is that the marginal cost of utility-supplied energy is considerably lower during off-peak hours than during on-peak hours. The design and implementation of effective electric rates is the key to commercializing the storage technologies. Four types of rates are evaluated: time-of-use rates, demand charges, and two forms of load management contract rates (a monthly credit and an off-peak discount). The criteria used to evaluate the rates are: combined utility and customer benefits (efficiency), political acceptability, simplicity, and practical feasibility. Alternative rate types are evaluated and findings are presented for each storage application.

Research Organization:
Argonne National Lab., IL (USA); Department of Energy, Washington, DC (USA)
Sponsoring Organization:
USDOE
DOE Contract Number:
W-31-109-ENG-38
OSTI ID:
6274318
Report Number(s):
CONF-781235-2
Resource Relation:
Conference: Symposium on commercialization of solar and conservation technologies, Miami Beach, FL, USA, 11 Dec 1978
Country of Publication:
United States
Language:
English