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Dynamic partial adjustment models of residential electricity demand account for the fact that households may not adjust electricity consumption immediately in response to changes in prices, income, and other relevant factors, because of behavioral habits or adjustment costs for the capital stock...
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In this paper we use panel data from a survey conducted on 30 Swiss utilities to estimate the impact of demand-side management (DSM) activities on residential electricity demand using DSM spending and an energy efficiency score. Using the variation in DSM activities within utilities and across...
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Two elements of the Swiss market for electricity are examined in this book: the residential electricity demand by time-of-use and the cost structure of municipal electricity distribution utilities. The empirical results indicate that demand for peak and off-peak electricity in elastic, and that...
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