3 ms·
If (some) people drive five miles to save $0.10/gallon on gasoline, they'll run the dishwasher when power is less expensive. However, your question presupposes
by ghouse 9y ago
If (some) people drive five miles to save $0.10/gallon on gasoline, they'll run the dishwasher when power is less expensive.
However, your question presupposes that it's only human behavior that can be influenced with price. Send a price signal and let technologists and entrepreneurs do what they do best...
- RealityVoid 9y agoSome people doing that is not enough to assume significant shifts in market forces will happen. The question is will enough people do that? I agree, a price signal might send some people finding solutions, but I'm afraid that a lot of the solutions would cost more than the savings, so that would reduce the field of what is possible. And mostly, I wanted to underline that simply sending a price signal is sometimes not enough for certain markets and does not scale too well by itself.
- WalterBright 9y agoGas prices vary daily. This works very well at matching supply with demand. I don't see any particular reason to believe that there's something different about electricity.