Under the [Select] electricity during daytime hours. Under the [Select] electricity consumption from daytime hours to evening hours. ✓ households have greater incentives to save households are more likely to shift their The [Select] could result in unintended consequences in that it may increase network demand during peak-time periods (in the evening when solar panels no longer generate).
Under the [Select] electricity during daytime hours. Under the [Select] electricity consumption from daytime hours to evening hours. ✓ households have greater incentives to save households are more likely to shift their The [Select] could result in unintended consequences in that it may increase network demand during peak-time periods (in the evening when solar panels no longer generate).
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Fill in blank with either gross fit or net fit
![The 'gross FIT' scheme pays households a tariff for any electricity that is generated by
their solar panels (i.e. regardless of whether the electricity is used within the house or
fed into the grid). The 'net FiT' scheme pays households a tariff for electricity that is
fed into the grid (i.e. the amount beyond the household's use). Complete the
sentences.
Under the [Select]
electricity during daytime hours.
Under the [Select]
electricity consumption from daytime hours to evening hours.
households have greater incentives to save
households are more likely to shift their
The [Select]
✓ could result in unintended consequences in that it
may increase network demand during peak-time periods (in the evening when solar
panels no longer generate).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc08ea01f-2545-4c9f-ae0c-df1556ccafa9%2F75e979e6-bb09-44f9-aa07-6708317d18f3%2F92cyqv_processed.png&w=3840&q=75)
Transcribed Image Text:The 'gross FIT' scheme pays households a tariff for any electricity that is generated by
their solar panels (i.e. regardless of whether the electricity is used within the house or
fed into the grid). The 'net FiT' scheme pays households a tariff for electricity that is
fed into the grid (i.e. the amount beyond the household's use). Complete the
sentences.
Under the [Select]
electricity during daytime hours.
Under the [Select]
electricity consumption from daytime hours to evening hours.
households have greater incentives to save
households are more likely to shift their
The [Select]
✓ could result in unintended consequences in that it
may increase network demand during peak-time periods (in the evening when solar
panels no longer generate).
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