Price reform and household demand for electricity
نویسندگان
چکیده
منابع مشابه
Price Reform and Household Demand for Electricity
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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Recent efforts to restructure electricity markets have renewed interest in assessing how consumers respond to price changes. This paper develops a model for evaluating the effects of alternative tariff designs on residential electricity use. The model concurrently addresses several inter-related difficulties posed by nonlinear pricing, heterogeneity in consumer price sensitivity, and consumptio...
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Estimating electricity demand elasticity in different sectors has been an essential research topic. Considering the fact that pricing electricity in various countries does not follow the same rules, many econometrics methods have been developed to estimate this crucial parameter. Electricity demand elasticity is defined as the percent change in electricity consumption in response to one percent...
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" …the price of electricity was found to be a significant determinant of electricity demand in most cases with the expected inverse relationship (higher prices mean less consumption).The results provided no evidence that the responsiveness of Ontario industrial demand to the price of electricity during time periods when demand is the strongest has strengthened since market opening except, perha...
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1 Background The Japanese government is conducting electricity system reform in stages and plans to complete this reform by 2020. Historically, all electricity related services in Japan have been overseen by regional monopolistic entities. After the reform is completed, both the wholesale and retail electricity markets will be perfectly competitive, as in most countries in the EU, and many stat...
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ژورنال
عنوان ژورنال: Journal of Policy Modeling
سال: 2012
ISSN: 0161-8938
DOI: 10.1016/j.jpolmod.2011.08.006