April 30, 2009

Illinois RTP Makes NYT

Can I put more acronyms in the title??? Maybe.

The New York Times (NYT) published an article today about the coming "smart grid" pilot to the Chicagoland area and their utility Commonwealth Edison. The story starts with a quick synopsis of how one customer is saving money with real time pricing (RTP).

Here's an excerpt of one interesting passage on "dumb" pricing (their term not mine):

“It’s like if you walked into the supermarket and everything was priced the same, and you could take as much or as little as you wanted, swipe a card at the cashier, walk out, and six weeks later they’d send you a bill,” said Mr. Butler, who is also commissioner of the New Jersey Board of Public Utilities. “It gives you no data on how much things cost, how much you’re using and how you can switch from one thing to another.”

Overall, this is a great piece about the benefits of real time pricing. It even touches on the ongoing efforts of Illinois residents. The work being done by these customers is getting noticed, and you should be proud of the standard you are setting to hopefully give this option to more families that can benefit.

Check out the article here.

2 comments:

Anonymous said...

The author of powersmartpricing.blogspot.com has written an excellent article. You have made your point and there is not much to argue about. It is like the following universal truth that you can not argue with: Everyone always remembers the day a dog ran into your school. Thanks for the info.

Anonymous said...

Great site. A lot of useful information here. I’m sending it to some friends!

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