Australian grids have long run a two-tiered pricing scheme for electricity. In many jurisdictions, regular electricity was charged at a certain rate. Meanwhile, you could get cheaper electricity for certain applications if your home was set up with a “controlled load.” Typically, this involved high energy equipment like pool heaters or hot water heaters.
This scheme has long allowed Australians to save money while keeping their water piping-hot at the same time. However, the electrical grid has changed significantly in the last decade. These controlled loads are starting to look increasingly out of step with what the grid and the consumer needs. What is to be done?
