Am I understanding you to say, "raise the price of electricity and the demand will go down"? Then will we have fixed-income old folks dying of heat strokes cause they can't afford their power bills... resulting in the cry for gov't subsidized power for seniors (like gov't paid drugs for seniors)... thus a need for more taxes to cover the cost of it?
I don't think the answer is to force less use of power, but instead to increase the power we generate.
Our power problems are simply supply side problems, not enough generating capacity. Clean air regulations discourage many utilities to delay or forego new plant construction. America had a leg up on nuclear plants until the greens killed that idea. American coal production has been hampered by enviromental wacko regulations as well as Clinton's declaration of Utah's low sulfer coal reserves being a national monument.
In a nutshell, the leftists have caused the problem with power grids and now they want to consult with people who don't have a clue but who are "Asians" and therefore so much smarter than Americans.
Do you want to solve the problem? Build more capacity. End of story.