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critical peak pricing intervention reduces electricity consumption by 14%. Using unique high frequency appliance-level data, we …
Persistent link: https://www.econbiz.de/10012891787
nonlinear pricing, heterogeneity in households' price sensitivities, and data aggregation. This paper formulates a model of … 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 …
Persistent link: https://www.econbiz.de/10013248390
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 … has adopted some of the most steeply increasing-block tariffs in electric utility history. Combining household …
Persistent link: https://www.econbiz.de/10013146517
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the …-time pricing" for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand … elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The …
Persistent link: https://www.econbiz.de/10013066116
We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This …
Persistent link: https://www.econbiz.de/10013214593
We study price convergence between the two major markets for wholesale electricity in California from their … understanding of the markets, however, could have delayed or prevented price convergence. We find that the two benchmark electricity …
Persistent link: https://www.econbiz.de/10013218707
electricity consumption time series index from 1980 to 2006. We show that certain micro determinants of household electricity …We use detailed microeconomic data to investigate why aggregate residential electricity consumption in California has … been flat since 1980. Using unique micro data, we document the role that household demographics and ideology play in …
Persistent link: https://www.econbiz.de/10013143758
This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers … purchasing electricity according to the half-hourly energy prices from the England and Wales (E&W) electricity market. These … customers also face the possibility of a demand charge on their electricity consumption during the three half-hour periods that …
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 …
Persistent link: https://www.econbiz.de/10012954912
Adoption of real-time electricity pricing %u2014 retail prices that vary hourly to reflect changing wholesale prices %u …
Persistent link: https://www.econbiz.de/10013213462