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Empirical evidence on the response of German households to electricity price changes is sparse. Using panel data … changes, whereas the electricity demand of uninformed households is entirely price-inelastic … households' knowledge about power prices, we also employ an Endogenous Switching Regression Model to estimate price elasticities …
Persistent link: https://www.econbiz.de/10012978685
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of …
Persistent link: https://www.econbiz.de/10011897241
Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of …
Persistent link: https://www.econbiz.de/10012916541
information feedback and financial rewards, we encourage households to shift electricity consumption toward the middle of the day …Photovoltaic systems generate electricity around noon, when many homes are empty. Conversely, residential electricity … consumption during the period of the day when most solar radiation takes place. Information feedback, however, pushes households …
Persistent link: https://www.econbiz.de/10011514861
This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …, it appears that households at the mid-point of their life cycle are relatively the largest consumers of electricity. This …
Persistent link: https://www.econbiz.de/10012415417
This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …, it appears that households at the mid-point of their life cycle are relatively the largest consumers of electricity. This …
Persistent link: https://www.econbiz.de/10012390802
of residential electricity demand in Switzerland. We exploit Switzerland's unique local variation in topography … unity. Results thus suggest that a tax on electricity, as initially foreseen as a part of Switzerland's Energy Strategy 2050 …In this paper, we use data from a new household-level panel survey to estimate short- and long-run price elasticities …
Persistent link: https://www.econbiz.de/10011916588
In this article, we investigate the heterogeneity in household electricity demand in Switzerland. We use a quantile … regression approach in order to assess the impacts of electricity prices, income and other socio-demographic characteristics …", the "frugal Jane" and the "wasteful John" for the majority of these variables. Most importantly, households in the lowest …
Persistent link: https://www.econbiz.de/10011957756
to the conditional distribution of household electricity consumption. This heterogeneity indicates that there are quite …Reducing household electricity consumption is of central relevance to climate policy given the share of 12.2% of the …), this paper estimates the contribution of individual appliances to household electricity demand using the conditional demand …
Persistent link: https://www.econbiz.de/10013014054
In this paper, I estimate the price elasticity of residential electricity demand using household-level panel data for … the block cut-offs, even though the latter are household and dwelling-specific, to the point that there are a total of 35 … different tier cut-offs. Based on these results, I estimate the price elasticity of electricity demand to be around -0.09. I …
Persistent link: https://www.econbiz.de/10012705248