LAUSR

We present an economic assessment of the impacts of Demand Response (DR) and pricing schemes on the conditions for distributed solar photovoltaics, with the focus on individual households. An optimization model has been developed that minimizes the electricity cost for individual households with the option of dispatching DR loads. DR of appliances and hydronic heating (electrical water heating for both space heating and hot water) are investigated, as well as the effects of applying a monthly, hourly or net metering pricing scheme for selling excess generated electricity and a tax reduction scheme for electricity sold to the grid.