In message , Max
Demian writes
On 19/12/2017 18:40, Tim Lamb wrote:
I've never seen any suggestion of using the smart features the
meters provide, e.g. a reverse auction to find the cheapest
supplier to heat your water cylinder tomorrow morning, or to
say you need to run your washing machine in next 48 hours, and
to get bids from suppliers for cheapest at a time they specify
within your window, or to be able to bid your baseload out and
switch suppliers according to their prices at different times
of the day.
I'm expecting the suppliers to go for *economy 7* type tariffs once
enough consumers have smart meters.

That would be "Economy 7" as in bump up the rates in the morning (when
most people are cooking lunch) and say, "Why not change to have your
main meal in the evening?"

Or a general price increase sold on the basis that consumers can shift
to cheaper rates at less convenient times.


--
Tim Lamb