Time-of-Use Pricing for Electric Power: Implications for the New York Dairy Sector, A Preliminary Analysis
| dc.creator | Middagh, Mark C. | |
| dc.date | 2017-04-01T16:53:07Z | |
| dc.date.accessioned | 2026-07-09T05:57:55Z | |
| dc.description | This paper examines the cost of electric power consumption on New York dairy farms. More specifically, it is a preliminary evaluation of the cost changes that dairy farmers may experience when residential time-of-use electricity rates are implemented by New York State utilities. Using a model developed for Niagara Mohawk Power Corporation, the operating cost of farm electrical equipment is estimated using both flat rate pricing and NMPC's new time-of-use rates, which are now being implemented for their farm and residential customers. Twenty-five "typical" family-operated dairy farms are evaluated with this model. Initial results indicate a cost decrease up to 10 percent as a result of the switch to time-of-use rates. Larger farms will experience a greater percent decrease in electricity costs than smaller farms. Electricity costs for all major end uses are lower with time-of-use rates than with a flat rate. These estimates assume no response in the farmer's schedule or equipment usage. Model refinement will continue. | |
| dc.identifier | doi:10.22004/ag.econ.121481 | |
| dc.identifier | https://ageconsearch.umn.edu/record/121481/files/Cornell%20SP%2091-15.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/121481 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/570617 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/121481 | |
| dc.title | Time-of-Use Pricing for Electric Power: Implications for the New York Dairy Sector, A Preliminary Analysis | |
| dc.type | Text |