PEAK-LOAD PRICING
\pˈiːklˈə͡ʊd pɹˈa͡ɪsɪŋ], \pˈiːklˈəʊd pɹˈaɪsɪŋ], \p_ˈiː_k_l_ˈəʊ_d p_ɹ_ˈaɪ_s_ɪ_ŋ]\
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If the amount of competition is less, a company that charges high prices for services or goods that are in demand is known to be following a peak load pricing method. Usually edorsed by electricity providing companies during the summer period.
By Henry Campbell Black
