Customer Engagement in AEP gridSMART Residential Transactive System
— In 2013, AEP Ohio (AEP) operated a 5-minute real-time price (RTP) electricity market system on 4 distribution feeders as part of their gridSMART® demonstration project. The RTP households were billed for their electricity usage according to an RTP tariff approved by the Public Utility Commission of Ohio. They were given the incentive that their annual bill would be no greater than if they were on the flat-rate tariff, but they had financial incentives to shift consumption from high price periods to low price periods. Incentives were also available for response under high prices from local events, such as reaching the distribution feeder capacity or a critical peak pricing event. An analysis of this transactive system experiment was completed in early 2014. This paper describes the incentive provided to the customer, the nature of their interaction with the smart thermostat that provided automated response to the transactive signal, and their level of satisfaction with the program.
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- Conference: Transactive Energy Framework Workshop Proceedings, September 10-11, 2014 Folsom, California
- GridWise Architecture Council, Richland, WA, United States(US).
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- Pacific Northwest National Laboratory (PNNL), Richland, WA (US)
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- United States