Sharif Digital Repository

Historically, the general target of affecting demand via voltage regulation was conservation, i.e., reducing peak demand and/or accumulated energy. In private environments however, profit maximization may take place of conservation, regardless of the social welfare and consumers' costs. This letter aims at highlighting the effectiveness of voltage regulation as a measure to maximize utilities' profit. The new strategy can indeliberately cause more payments for customers. The letter simulates different cases which reveal importance of the role regulatory bodies have to play to prevent unethical actions in private environments. IEEE