Defined term
Real-time pricing
FERC's Energy Primer describes real-time pricing as charging customers prices that reflect the immediate cost of power.
grid · Concept code GS-CONCEPT-217 · Last verified September 29, 2026
Evidence through 2024-01-17 · 0 sources have no source-event date
Content modified 2026-09-29
Definition and decision context
Why it matters
FERC's Energy Primer describes real-time pricing as a retail pricing approach and notes that industrial or very large commercial customers are most likely to choose real-time tariffs; it does not provide an individual customer's tariff or billing terms.
Review confirmed · Review due October 29, 2026
The previous review deadline was September 27, 2026. The missed interval remains unverified; the current review does not establish historical coverage.
The cited evidence supports this statement within the source’s stated scope. Its jurisdiction and source-event date limit its applicability to a particular project.
Applicable jurisdiction: US
Verified September 29, 2026
Definition
FERC's Energy Primer describes real-time pricing as charging customers prices that reflect the immediate cost of power.
Review confirmed · Review due October 29, 2026
The previous review deadline was September 27, 2026. The missed interval remains unverified; the current review does not establish historical coverage.
The cited evidence supports this statement within the source’s stated scope. Its jurisdiction and source-event date limit its applicability to a particular project.
Applicable jurisdiction: US
Verified September 29, 2026
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Primary sources
- Federal Energy Regulatory Commission: FERC Energy Markets Primer, January 17, 2024, pp. 41–42 — Retail Demand Response / real-time pricing
Revision FERC Energy Markets Primer (January 2024) · Source event as of January 17, 2024 · Ontology accessed September 29, 2026 · Ontology verified September 29, 2026