5 khw per day of peak period electricity

Leaving aside my fundamental disagreement with this whole line of thought, you should allow for green power here.

I happily pay extra for 100% green power, and as a result I would firmly resist any sort of rationing of electricity - I'm not emitting any carbon and as far as I'm concerned I can use as much power as I like, when I like.

(Before you hurl any abuse my way I'll note that all my appliances are as energy efficient as I can get, and I very rarely run the air-con - but this is as much an idiosyncracy as it is something I think I need to do).

With what line of thought do you fundamentally disagree?

The idea that rationing anything actually works - especially when there are substitutes available.

Rather than focus people's attention on trying to grab a share of a fixed or dwindling cake, I prefer to make them aware of other alternatives.

In this case, while I believe oil supplies are limited and annual production will start to decline in the not too distant future, I also believe there is a lot of energy available from alternatives, and I'd rather see the attention of people, government and corporations directed towards harnessing these.

I think the psychology of this works out a lot better in the long run...