What they could do instead of time-of-use pricing is a sliding multiplier that multiplies your total bill based on the ratio of on-peak to off-peak use. Make the multiplier worse based on what the total usage is.
The problem with 100% EV fleet a regular grid will be overloaded and customer's will not be incentivized to care.
This framework future proofs the Ontario grid from such a "wall".
Now that the framework exists in Ontario, prices at certain times in the day can grow 10x, 100x, 1000x where appropriate and people will care and will change their behaviors.
If/When the Ontario grid starts to feel the pressure of EVs, it is a choice between (No Electricity + Tiered Pricing) XOR (Electricity + 10x premium Time of Use Pricing).
I have a feeling everyone will complain but understand that the only option was to keep the grid running.
it's no surprise the general population in one of the richest regions on Earth doesn't immediately change their consumption habits when a small fraction of their monthly bill gets variable
It’s like making me spend $$$ to measure and charge me for how much co2 I exhale.
It’s technically correct: that co2 does contribute to global warming.
But it’s going to cost more to meter it than I could possibly save in conservation through this newfound incentive.
for example bandwidth used to be 95th percentile priced, but Netflix quickly run into problems because its peers did not want to upgrade linecards, switches, etc. (and as some of those peers were also in the media disturbution business they explicitly wanted to keep those ports maxed out)
the point is that if the network provides a close to constant capacity, then of course it makes no sense to try to price on that.
but with more and more variable supply it seems prudent to prepare the demand side too.
in Norway currently electricity prices fluctuate like crazy, and the supplier sends an email each day about the prices for the next day (though I'm not sure how guaranteed those are, of course the current price is also online)
and it varies regionally too
Unfortunately most people don’t care (or the technology to take advantage of it just isn’t there), and demand shifted less than 1% over several years.
But it’s hard to find this info, because it doesn’t fit the (expensive to implement) narrative of “let them pay market price and people will respond to incentives”.
https://www.cbc.ca/news/canada/toronto/smart-meters-hydro-bi...
> The Environmental Commissioner of Ontario's 2015-16 Energy Conservation Progress Report found "a 0.7 per cent reduction in peak demand among residential customers" attributed to time-of-use pricing over a four-year period.
I mean, people keep their foot on the gas when the light ahead is red and sometimes even speed up to get ahead of you only to slam on their brakes.