The harder question is probably whether dynamic pricing changes behavior without mostly becoming a penalty for people who have less flexibility in when they use electricity

There should be a penalty for having less flexibility in consuming electricity. That’s how the market incentivizes us to figure out how to be flexible in our consumption.

We should probably also subsidize the conversion, for people who look at the incentives, want to become more flexible, but don’t have the money.

And we might have to handle some special cases—maybe hospitals, for example—where reliable power is an important social good. But these should be rare.

I've long thought there should be a standard mechanism for back pressure for loads that can defer their usage.

For example dishwashers, overnight battery charging, car charging, etc should be able to receive scheduling data from the grid to determine the best time to run.

Users could of course be given a choice whether to use grid scheduling in exchange for lower prices or not.

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