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household electricity demand that addresses these difficulties. We estimate the model using data for a representative sample of … California households, and summarize how electricity demand elasticities vary in that state. We then use the model to analyze the … electricity consumption and expenditure effects of recent tariff structure changes in California …
Persistent link: https://www.econbiz.de/10013248390
This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers … customers also face the possibility of a demand charge on their electricity consumption during the three half-hour periods that … day due to changes in all components of day-ahead E&W electricity prices, the level of the demand charge and the …
Persistent link: https://www.econbiz.de/10014133542
We study the dynamics of residential electricity demand by exploiting a natural experiment that produced large and long … that the price elasticity of demand grows from –0:09 in the first six months to –0:27 two years later. We also estimate a …
Persistent link: https://www.econbiz.de/10012954912
critical peak pricing intervention reduces electricity consumption by 14%. Using unique high frequency appliance-level data, we …
Persistent link: https://www.econbiz.de/10012891787
the widespread use of increasing-block pricing (IBP), under which the marginal price to the household increases as its … daily or monthly usage rises. There is no cost basis for differentiating marginal price of electricity by consumption level …, so perhaps nowhere is the conflict between efficiency and distributional goals greater than in the use of IBP. California …
Persistent link: https://www.econbiz.de/10013146517
We use detailed microeconomic data to investigate why aggregate residential electricity consumption in California has … determining electricity demand. We show that building codes have been effective for homes built after 1983. We find that houses … electricity consumption time series index from 1980 to 2006. We show that certain micro determinants of household electricity …
Persistent link: https://www.econbiz.de/10013143758
-time pricing" for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand … an increase in demand elasticity could actually increase wholesale electricity prices in peak hours, contrary to …Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the …
Persistent link: https://www.econbiz.de/10013066116
our theory. We show that a key parameter determining the incentives for war is the elasticity of demand. Our first result …We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. The … military action. In the case of inelastic resource demand, war incentives increase over time and war may become inevitable. Our …
Persistent link: https://www.econbiz.de/10013131444
demand, the size of the price change, and the degree of frictions. The degree of frictions is measured by the utility losses …
Persistent link: https://www.econbiz.de/10013095191
. Electricity distribution is the canonical example of a natural monopoly. Randomized price offers show that demand for electricity … levels, suggesting that residential electrification may reduce social welfare. We discuss how leakage, reduced demand (due to …
Persistent link: https://www.econbiz.de/10012990772