An Analysis of the Price Elasticity of Electricity Demand and Price Reform in the Korean Residential Sector Under Block Rate Pricing
نویسندگان
چکیده
منابع مشابه
To What Electricity Price Do Consumers Respond? Residential Demand Elasticity Under Increasing-Block Pricing
It is straightforward to evaluate how a perfectly-optimizing, perfectly-informed customer will respond to a non-linear price schedule, but such a customer is rare. In the common case of increasing-block pricing of water and electricity, consumers do not know what marginal price they face during a billing period, because they do not know what demand shocks will occur during the period. If consum...
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15 صفحه اولPreliminary Draft Comments Welcome To What Electricity Price Do Consumers Respond? Residential Demand Elasticity Under Increasing-Block Pricing
It is straightforward to evaluate how a perfectly-optimizing, perfectly-informed customer will respond to a non-linear price schedule, but such a customer is rare. In the common case of increasing-block pricing of water and electricity, consumers do not know what marginal price they face during a billing period, because they do not know what demand shocks will occur during the period. If consum...
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This paper estimates a model of residential electricity demand to project the impact of proposed tariff changes on a representative sample of 130 Barbadian households. The results from the demand function suggest that the price elasticities of demand for particular appliances varied significantly, with households that utilize solar water heating being more price elastic than households that use...
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ژورنال
عنوان ژورنال: Environmental and Resource Economics Review
سال: 2015
ISSN: 1229-3091
DOI: 10.15266/kerea.2015.24.2.365