E3 just released their final report for the California Energy Commission evaluating 10 different deep GHG mitigation scenarios in California [pdf] http://j.mp/CAdecarb2018 Will post some analysis once I've read it :)
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If utilities want to manage peaks, time of use pricing is key, otherwise don't expect much... We don't design with utility interests in mind because we serve homeowners. Change the rate design, and then we'd take it into account.
Heat pumps have high load factor. Thus, volumetric TOU delivery rates overcharge heat pumps. TOU delivery rates only make sense with low load factor technologies like EVs. For heat pumps, we want a demand-based, three-part rate. (1. Fixed charge, 2. Demand, 3. TOU Energy)
