Saturday, October 14, 2017

Surge Pricing and Our Electric Lights

The NY Times has an article on surge pricing, arguing in part that it may be reasonable for artists like Bruce Springsteen to underprice their tickets when they do a hit show on Broadway (or something similar)--it's part of a longer term deal with fans not to be greedy. It segues from that to the issue of raising electricity prices when usage is high, or using variable rate tolls on commuter highways.

The bit about electric prices triggered a memory:  back in the day we had an electric meter for our normal usage, and another one for the lights in the henhouse.  The second meter meant a lower rate, the rationale being that the lights were coming on at times of low usage (like 5 a.m. or something--don't remember what) so the utility wanted to encourage it.

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