Household Characteristics That Influence Simple Household Demand on Electricity

Household Electricity Demand, Revisited

Recent efforts to restructure electricity markets have renewed interest in assessing how consumers respond to price changes. This paper develops a model for evaluating the effects of alternative tariff designs on residential electricity use. The model concurrently addresses several inter-related difficulties posed by nonlinear pricing, heterogeneity in consumer price sensitivity, and consumptio...

Household electricity demand estimation: a regression discontinuity design approach

Estimating electricity demand elasticity in different sectors has been an essential research topic. Considering the fact that pricing electricity in various countries does not follow the same rules, many econometrics methods have been developed to estimate this crucial parameter. Electricity demand elasticity is defined as the percent change in electricity consumption in response to one percent...

Price Reform and Household Demand for Electricity

This paper estimates a model of residential electricity demand to project the impact of proposed tariff changes on a representative sample of 130 Barbadian households. The results from the demand function suggest that the price elasticities of demand for particular appliances varied significantly, with households that utilize solar water heating being more price elastic than households that use...

Fuzzy clustering and prediction of electricity demand based on household characteristics

The electricity market has been significantly changing in the last decade. The deployment of smart meters is enabling the logging of huge amounts of data relating to the operations of utilities with the potential of being translated into valuable knowledge on the behaviour of consumers. This work proposes a methodology for predicting the typical daily load profile of electricity usage based on ...

Household Water Demand Estimation