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Table 5 Total cost and cost reduction of all simulation cases

From: Plugged-in electric vehicle-assisted demand response strategy for residential energy management

Initial SOC%

Smart scheduling strategy

PEV charging strategy

Demand + PEV

Demand + PEV + PV

Before

After

Cost reduction rate (%)

Before scheduling

After scheduling

Cost reduction rate (%)

Before scheduling

After scheduling

Cost reduction rate (%)

30%

6.852

6.692

2.33

5.704

5.288

7.29

5.288

4.268

19.28

60%

5.899

5.739

2.71

4.751

4.335

8.75

4.335

3.762

13.21

80%

5.183

5.023

3.08

4.031

3.622

10.14

3.622

3.105

14.27