Student Work
Real Time Electricity Pricing: How Alternative Pricing Programs Can Be Used to Bring Awareness to Electricity Consumption, Encourage Smart Home Automation, Lower Monthly Electricity Bills and Improve the Electrical Grid
PúblicoThe aim of the following project was to increase participation in real time pricing model by educating the consumers about existing electricity pricing models, while reducing their overall energy consumption and using IoT devices to spread out peak load hours on the grid. Based on the results of the survey, the group recommends implementation of alternative pricing models on a state level: Time of Use for the general public and Real Time Electricity Pricing for those with higher risk tolerance.
- This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
- Creator
- Subject
- Publisher
- Identifier
- E-project-031921-105027
- 6166
- Palavra-chave
- Advisor
- Year
- 2021
- UN Sustainable Development Goals
- Date created
- 2021-03-19
- Resource type
- Rights statement
- Última modificação
- 2021-05-03
Relações
- Em Collection:
Itens
Itens
Miniatura | Título | Acesso | Embargo Release Date | Ações |
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|
Real Time Electricity_Final_IQP_Paper.pdf | Público | Baixar |
Permanent link to this page: https://digital.wpi.edu/show/hh63sz76p