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A Disaggregated Nonhomothetic Modeling of Responsiveness to Residential Time-of-Use Electricity Rates

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  • Mountain, Dean C
  • Lawson, Evelyn L

Abstract

In addition to quantifying the load impacts of time-differentiated rates on aggregate peak, off-peak groupings, a very finely disaggregated.Rotterdam demand system is described and estimated for explaining changes in detailed features of customers' electricity load patterns. This linear first difference formulation allows for nonhomotheticity, permits an examination of load impacts on critical hours of the week, and makes use of both control and time-of-use data. Moreover, the proposed specification is parameter parsimonious. An illustrative use of this model is portrayed through recent empirical evidence from a residential experiment of a northern winter-peaking utility in Ontario, Canada. Copyright 1992 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

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Bibliographic Info

Article provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.

Volume (Year): 33 (1992)
Issue (Month): 1 (February)
Pages: 181-207

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Handle: RePEc:ier:iecrev:v:33:y:1992:i:1:p:181-207

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Cited by:
  1. Massimo Filippini, 2010. "Short and long-run time-of-use price elasticities in Swiss residential electricity demand," CEPE Working paper series 10-76, CEPE Center for Energy Policy and Economics, ETH Zurich.
  2. Filippini, Massimo, 1995. "Electricity demand by time of use An application of the household AIDS model," Energy Economics, Elsevier, vol. 17(3), pages 197-204, July.
  3. Wai Choi & Anindya Sen & Adam White, 2011. "Response of industrial customers to hourly pricing in Ontario’s deregulated electricity market," Journal of Regulatory Economics, Springer, vol. 40(3), pages 303-323, December.

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