Research Article
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) |
|
|