Defined term

Real-time pricing

Real-time pricing uses prices that reflect immediate costs and change frequently.

grid · Concept code GS-CONCEPT-217 · Last verified August 28, 2026

Evidence through 2024-01-17 · 0 sources have no source-event date

Content modified 2026-08-28

Definition and decision context

Definition

Real-time pricing uses prices that reflect immediate costs and change frequently.

Applicable jurisdiction: US

Verified August 28, 2026

Why it matters

A retail tariff controls real-time prices, enrollment, and billing; FERC's primer does not set those local terms.

Applicable jurisdiction: US

Verified August 28, 2026

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