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US residential electricity consumption: the effect of states' pursuit of energy efficiency policies

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  • Richard J. Cebula

Abstract

This empirical note seeks to provide evidence identifying key factors that have influenced the per residential customer consumption of electricity in the United States during recent years, with particular emphasis on the degree to which each state has pursued energy efficiency policies. This preliminary empirical analysis takes the form of Panel Two-Stage Least Squares (P2SLS) estimations. State-level data are adopted for the 4-year period from 2002 through 2005. The P2SLS findings indicate that the consumption of electricity per residential customer is an increasing function of the annual number of cooling degree days, the real personal disposable income and the real price of natural gas, as well as the maximum electricity generation capacity, while being a decreasing function of the real unit price of electricity, the extent of usage of natural gas for residential heating and the degree to which each state has pursued energy efficiency policies.

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  • Richard J. Cebula, 2012. "US residential electricity consumption: the effect of states' pursuit of energy efficiency policies," Applied Economics Letters, Taylor & Francis Journals, vol. 19(15), pages 1499-1503, October.
    • Handle: RePEc:taf:apeclt:v:19:y:2012:i:15:p:1499-1503
    DOI: 10.1080/13504851.2011.637884
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    3. Massimo Filippini & Bettina Hirl & Giuliano Masiero, 2015. "Rational habits in residential electricity demand," IdEP Economic Papers 1506, USI Università della Svizzera italiana.
    4. Thomas M. Fullerton & Ileana M. Resendez & Adam G. Walke, 2015. "Upward Sloping Demand for a Normal Good? Residential Electricity in Arkansas," International Journal of Energy Economics and Policy, Econjournals, vol. 5(4), pages 1065-1072.
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    7. Akihiro Otsuka, 2019. "Natural disasters and electricity consumption behavior: a case study of the 2011 Great East Japan Earthquake," Asia-Pacific Journal of Regional Science, Springer, vol. 3(3), pages 887-910, October.
    8. Hussain Ali Bekhet & Lee Lian Ivy-Yap, 2014. "Highlighting Energy Policies and Strategies for the Residential Sector in Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 4(3), pages 448-456.
    9. Fullerton Jr., Thomas M. & Macias, David R. & Walke, Adam G., 2016. "Residential Electricity Demand in El Paso," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 46(2), December.
    10. Yevheniia Ziabina & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko & Yana Us, 2023. "Convergence of Energy Policies between the EU and Ukraine under the Green Deal Policy," Energies, MDPI, vol. 16(2), pages 1-19, January.
    11. Yu, Yantuan & Chen, Xudong & Zhang, Ning, 2022. "Innovation and energy productivity: An empirical study of the innovative city pilot policy in China✰," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    12. Lee Lian Ivy-Yap & Hussain Ali Bekhet, 2016. "Modelling the causal linkages among residential electricity consumption, gross domestic product, price of electricity, price of electric appliances, population and foreign direct investment in Malaysi," International Journal of Energy Technology and Policy, Inderscience Enterprises Ltd, vol. 12(1), pages 41-59.
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    14. Filippini, Massimo & Hirl, Bettina & Masiero, Giuliano, 2018. "Habits and rational behaviour in residential electricity demand," Resource and Energy Economics, Elsevier, vol. 52(C), pages 137-152.

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