Discussion
Critical peak pricing differs from ordinary time-of-use pricing in that the high price applies
Answer: B
Correct answer: only on a limited number of days declared in advance
Critical peak pricing concentrates a very high price into a handful of events a year, called when the system is genuinely stressed, with the rest of the year on an ordinary tariff. Because the events are few, the consumer can respond strongly to each, which yields more reduction than a modest premium applied every weekday.
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