Development of Customer Oriented Load Management Software for Savings on Utility Bills in the Electricity Market

Abstract

- For electricity markets to function in a truly competitive and efficient manner, it is notenough to focus solely on improving the efficiencies of power supply. To recognize price-responsive provided with price signals and an instrument to respond to these signals, preferably automatically. This paper attempts to develop the Windows-based load management system in competitive electricity markets, allowing the user to monitor the current energy consumption or billing information, to analyze the historical data, and to implement the consumption strategy for cost savings with nine possible scenarios adopted. Finally, this modeling framework wil serve as a template containing the basic concepts that any load management system should address.