Assessment of smart-meter-enabled dynamic pricing at utility and river basin scale
The advent of smart metering is set to revolutionize many aspects of the relationship between water utilities and their customers, and this includes the possibility of using time-varying water prices as a demand management strategy. These dynamic tariffs could promote water use efficiency by reflecting the variations of water demand, availability, and delivery costs over time. This paper relates the potential benefits of dynamic water tariffs, at the utility and basin scale, to their design across a range of timescales.