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For utilities, the meters are attractive because they remove the need for meter readers to visit peoples' homes, and they supply detailed data on customer consumption, which can be used to tailor their tariffs or for other purposes.
This should be done by distributing intelligence over the entire grid, thereby, the intermittent production of renewable energy, customer consumption and electricity storage in electrical vehicles (EVs) could be managed in real time.
The literature review shows that most DR schemes suffer from an externality problem that involves the effect of high-level customer consumption on the price rates of other customers, especially during peak period.
An alternative data-driven proxy village approach, which uses average customer consumption from each mini-grid to predict consumption at other mini-grids, was more accurate and reduced the mean absolute error to 75 Wh/day per customer.
Such plans limit individual customer consumption over contract periods.
Area B in Fig. 4 denotes customer consumption savings achieved through the VER plan.
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Solve Customers' Consumption Problems Completely.
Therefore, an approach is also proposed in this paper to harness the randomness of individual customers' consumption.
To make consumption lean, identify steps in your customers' consumption process where they expend time but get no value.
It all comes down to how the payment link of customers' consumption chains fits into their total experience.
The RFM model provides an effective measure for customers' consumption behavior analysis, where three variables, namely, consumption interval, frequency, and money amount are used to quantify a customer's loyalty and contribution.
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