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NV Energy, Nevada Dynamic Pricing Trial Final Report

October 2015
NV Energy
Nevada, dynamic pricing, NDPT, SGIG, utilities, NV Energy

This report covers analysis and results of the Nevada Dynamic Pricing Trial (NDPT) operations from its formal inception of recruiting in January 2013 through the close of the two-year program on February 28, 2015.

The NDPT was a set of research experiments jointly sponsored by NV Energy and the federal Department of Energy (DOE) as required by the terms of the Smart Grid Investment Grant (SGIG) that the DOE awarded to NV Energy. The NDPT design was approved by NV Energy, the DOE and by the Public Utilities Commission of Nevada (PUCN), as described in the original and subsequently amended NDPT Consumer Behavior Study Plan.

NV Energy conducted the NDPT as a program for single-family residential customers called Choose When You Use. NV Energy enrolled volunteer households, and then supplied them with new time-varying rates, digital and print energy education and programmable thermostats. Every participating household had previously been on standard flat rate pricing and received either a time-of-use (TOU) rate or a TOU rate with Critical Peak Pricing (CPP) events as part of the Choose When You Use program. Some households received digital and print energy education in addition to the rate and some households also received programmable thermostats. The intent of the NDPT was to monitor and understand the household changes in electricity use that may occur in response to these treatments.