Branko Terzic, U.S. & Global Regulatory Policy leader, Energy & Resources, Deloitte Services LP, discusses managing electricity demand and how “smart meters” can help shift hourly electric loads. The study of “time of use” electricity rates was first called for in the Public Utilities Regulatory Policy Act of 1987, known as PURPA. "Time of use" also appears in the Energy Policy Act of 2005. Read the attached article, originally published on August 15, 2006, for more information.