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The price elasticity of the residential demand for electricity in the Vepco service area

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  • Huq, Md.Shamsul
  • Dynes, J.Graham

Abstract

In this study, we derive seasonal estimates of price elasticities of the residential demand of electricity in the Vepco service area from a detailed integrated economietic and end-use model that does not constrain the demand function to constant elasticities with respect to the explanatory variables. The elasticity coefficients derived from the model conform to expectations based on theoretical considerations.

Suggested Citation

  • Huq, Md.Shamsul & Dynes, J.Graham, 1982. "The price elasticity of the residential demand for electricity in the Vepco service area," Energy, Elsevier, vol. 7(10), pages 829-837.
    • Handle: RePEc:eee:energy:v:7:y:1982:i:10:p:829-837
    DOI: 10.1016/0360-5442(82)90031-7
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    Cited by:

    1. Andruszkiewicz, Jerzy & Lorenc, Józef & Weychan, Agnieszka, 2020. "Seasonal variability of price elasticity of demand of households using zonal tariffs and its impact on hourly load of the power system," Energy, Elsevier, vol. 196(C).
    2. Espinosa Acuña, Óscar A. & Vaca González, Paola A. & Avila Forero, Raúl A., 2013. "Elasticidades de demanda por electricidad e impactos macroecon_omicos del precio de la energía eléctrica en Colombia || Elasticity of Electricity Demand and Macroeconomics Impacts of Electricity Price," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 16(1), pages 216-249, December.
    3. Du, Gang & Lin, Wei & Sun, Chuanwang & Zhang, Dingzhong, 2015. "Residential electricity consumption after the reform of tiered pricing for household electricity in China," Applied Energy, Elsevier, vol. 157(C), pages 276-283.
    4. Li, Tan & Sheng, Ping, 1997. "Electron weak localization in disordered films," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 241(1), pages 118-121.
    5. Uğur Kaplan & Metin Türkay & Bülent Karasözen & Lorenz T. Biegler, 2011. "Optimization of Supply Chain Systems with Price Elasticity of Demand," INFORMS Journal on Computing, INFORMS, vol. 23(4), pages 557-568, November.

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