Charge Scheduling of an Energy Storage System under Time-of-Use Pricing and a Demand Charge

Table 3

Time-of-use prices used in this study (USD).

Hour (from–to)	Summer (cents/kWh)	Winter (cents/kWh)
0-1	5	5
1-2	5	5
2-3	5	5
3-4	5	5
4-5	5	5
5-6	5	5
6-7	5	5
7-8	10	15
8-9	10	15
9-10	10	15
10-11	10	15
11-12	15	10
12-13	15	10
13-14	15	10
14-15	15	10
15-16	15	10
16-17	15	10
17-18	10	15
18-19	10	15
19-20	5	5
20-21	5	5
21-22	5	5
22-23	5	5
23-24	5	5
	Demand charge rate: 20 (low), 30 (high) (cents/kW)