In this edition of IES Insider we consider the electricity tariff arrangements that a home equipped with energy storage and solar PV is likely to receive. We address the question of cost reflective pricing and whether the consumer will be better off with demand charge pricing, or existing pricing structures such as time-of-use.
Why does this matter?
Electricity tariff structures will have a significant impact on the viability and future take up of energy storage technologies. This article presents the results of a recent analysis by IES which tests the proposition that battery storage will become economically viable sooner under a demand tariff.
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