Implementation of Volunteer Load Shedding By Variable Tariff Mode Energy Meter

If Tariff which typically demonstrate the per unit cost of electricity fluctuates day along directly with the daily demand curve as the theory of economy suggests the demand is directly proportional to the price, the demand of electricity will also fluctuate in direct manner. The increased cost of the electricity at peaking hours will inspire the consumers to implement volunteer load shed by shifting their usage of non-critical loads at off peaking hours. Thus the shortage of low cost electricity at the time of maximum demand peak would be subsidized to some extent as some uses of the non-critical loads are voluntarily shifted to the off peaking hours.