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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
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
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 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
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
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
Since the start of sharp electricity tariff increases in 2008, South African household demand for electricity has not … eventually compel households to reduce their electricity usage. This research explores the ability of South African households to …-income households are the most vulnerable to rising electricity tariffs, due to their limited ability to invest in technologies that …
Persistent link: https://www.econbiz.de/10011806783
the German market by incorporating variable renewable electricity generation for the estimation of electricity prices in …System security in electricity markets relies crucially on the interaction between demand and supply over time. However …, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming …
Persistent link: https://www.econbiz.de/10011517142
would pay the electricity bills of residential customers in April and May 2020, effectively making electricity free, as long … of the Tbilisi city limits, finding that the average household increased usage by some 5% above and beyond their normal …. This figure however masks considerable heterogeneity in the effects of the policy across urban, rural, and "high mountain …
Persistent link: https://www.econbiz.de/10014444790