> This is insane. Do you really believe that individuals are going to be monitoring the energy prices like a rabid day-trader, making 'rational' decisions between "oh good, power is cheap now" and "power is expensive, I guess I'll just freeze"?
Pricing here in Norway already changes through the day.
I changed my supplier yesterday to one that has an api.
I'll use the current prices as an excuse to fix a few things:
- turning down heat at night, heating fast before demand peaks, lower heating during peak etc. Boxes that can do this are available in the $150 - $350 price range
- scheduling washing and drying and - if necessary - showering to low demand times
- maybe install a fireplace (chimney was mandatory when tje house was built so I'll just pay for the actual fireplace and installation, not extensive modifications to the construction
- or a air-air heat pump (also works as AC)
- not relevant to me at tjr moment but EV owners (of which there are plenty around here) can save a lot by scheduling charging to avoid peaks. Further down the lane I think I've heard about someone (Tesla?) planning to allow their vehicles to be used as power banks.
It is probably the main selling point for Tibber here in Norway, prices were slightly lower than my previous supplier, but not enough to make me switch. The current price hike, API access and real time price information helped me to make the jump however.
Conclusion:
Providing pricing information and APIs to end users seems like a good idea for companies that are in a position to provide it.