Shifting the Load: How Flexible Tariffs Could Bring Down Energy Bills A recent study co authored by the Institute for Fiscal Studies (IFS) and LSE sheds new light on the potential benefits of adopting flexible, time varying tariffs as the default standard for domestic energy customers.
The report argues that households are currently paying a premium for energy generated during periods of high demand. Under current flat rate tariffs, consumers pay the same rate regardless of when they use electricity.
However, this approach fails to account for variations in energy production.