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While pricing power based off the market rate does not seem like a bad idea. The problem I see is that you don't see the price till you have used it. I don't se
by anfilt 6y ago
While pricing power based off the market rate does not seem like a bad idea. The problem I see is that you don't see the price till you have used it. I don't see how you could let consumers quickly know of large price changes so they would know to conserve.
It's not like your light switch has a screen that says it will cost current "$x.xx" per minute to turn this light on. Same for outlets it's not like they tell the consumer that the current device running on it is costing "$x.xx" per minute.
For such a thing it would need to be real time for consumers to react to the market. Not here is you bill by the way.