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Accurate projections of electricity demand growth by end-use customer class (residential, commercial, industrial) are … necessary for energy policy modelling, resource planning, and electricity pricing and procurement. Motivated by the expected … trend of rising retail electricity prices in the US and diverse price elasticity estimates found by extant studies, we …
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-run price elasticities of state-level electricity demand in the United States. Our sample covers the period 2003-2015. We …-level electricity demand is very price inelastic in the short run, with a same-year elasticity of -0.1. The long-run elasticity is near … demand. This appears to in part be due to electricity-intensive industrial activities clustering in low-price states …
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