During the Texas winter crisis, virtually no residential customers saw a financial incentive to wind down power usage. Only those crazies on Griddy, et. al. were impacted.
But most Texas utility customers now pay a surcharge every month to pay off the accumulated debt of that crisis.
https://www.dallasnews.com/news/watchdog/2022/02/11/how-much...
https://www.yahoo.com/video/senior-asian-couple-california-g....
That's only a valid strategy if your customers can be more responsive, but in a freak cold snap where most customers are running heaters at 100% to keep their homes habitable, there's little they can go to reduce demand.
Many people have purchased generators after that crisis, but telling (and maybe subsidizing) millions of people to buy a generator and stockpile fuel because the grid can't handle cold weather is not good energy policy.
It'd be better if regulators required demand-response automation that would let them intelligently scale back demand of high-energy appliances before the grid reaches critical levels without heavy-handed rolling blackouts.
The complicated one is daily tiers - when power is more or less expensive at different times.
The solution is power storage either at a grid level or at a home level where the information is available to the smart batteries. And/or so much excess solar and wind that we just don’t care.
I'm also planning to add one or two small 800Wp PV systems "Balkonsolar" to our flat (we have plenty of space on the south facing side) this will also involves pre planning for energy intensive stuff including a planned AC in the summer... let's see how this works out :)