1. How likely is it that domestic customers will be able to switch consumption of electricity to...

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1. How likely is it that domestic customers will be able to switch consumption of electricity to off-peak periods? How likely is that businesses will be able to do so?

2. If, over time, consumers are encouraged to switch their consumption to off-peak periods, what will happen to peak and off-peak prices?

3. To what extent is peak-load pricing in the interests of consumers?

4. Is total consumption likely to be higher or lower with a system of peak and off-peak prices as opposed to a uniform price at all times?

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Related Book For  answer-question

Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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