Demand Response

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Demand Response

The voluntary reduction of electricity use by end users in response to high-demand pricing. Demand response can reduce electrical price volatility during peak demand periods and help avoid system emergencies. An example of DR would be a utility paying Nest to have thermostats turn down air conditioners in empty homes on a hot day.

Source:

http://www.aeris.com/iot-dictionary/

References:

https://en.wikipedia.org/wiki/Demand_response