![]() ![]() ![]() In particular, tapping into the huge value that exists in allowing loads shifting between effectively the surplus period of surplus electrons in the middle of the day, to the period of a deficit or higher priced electrons in the evening and the morning the peaks.”Ĭurrently, electricity bills offer little information beyond usage. “It will allow consumers to avail themselves of a much wider range of product offerings and services. ![]() Improving household access to energy consumption data would ease impact of price spikes. Digitisation will allow really profound changes,” John Cleland, chief executive officer at Queensland’s state-owned Essential Energy told The Australian Financial Review’s Energy & Climate Summit. ![]() “Clearly the energy sector has lagged behind other sectors such as telecommunications in particular in terms of the utilisation of digital tools. Improving households’ access to data about how they use electricity would encourage them to moderate their energy use and could temper the impact of an expected rise in energy prices, easing the burden on Australia’s stressed electricity grid.įorecasts that household energy bills could rise more than 35 per cent next year have stoked concern about affordability, but industry executives said one solution would be offering users better information about how and when they consume electricity - allowing them to modify their behaviour. ![]()
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