Residential demand for electricity by time of day: an econometric approach. Final report

• Main Authors: Hendricks, W., Koenker, R., Poirier, D.J.
• Language: unknown
• Published: 2020
• Subjects: 29 ENERGY PLANNING; POLICY AND ECONOMY; 32 ENERGY CONSERVATION; CONSUMPTION; AND UTILIZATION; PEAK-LOAD PRICING; ECONOMETRICS; POWER DEMAND; MEASURING METHODS; RESIDENTIAL SECTOR; APPLIANCES; CONNECTICUT; CONSUMPTION RATES; DEMAND FACTORS; ECONOMIC IMPACT; SPACE HEATING; CHARGES; ECONOMICS; HEATING; NORTH ATLANTIC REGION; North Atlantic
• Online Access: http://www.osti.gov/servlets/purl/6860367; https://www.osti.gov/biblio/6860367; https://doi.org/10.2172/6860367

This report uses data from a time-of-day metering survey of residential electricity use and a FEA-sponsored peak-load-pricing field test conducted on randomly selected customers of the Connecticut Light and Power Co. to analyze the level and shape of the residential demand cycle for electricity. This analysis is carried out in two steps. The demand cycles for individual customers are first parameterized by a periodic cubic spline. The resulting parameters are then analyzed cross-sectionally, using demographic characteristics of the customers. This analysis provides estimates of the impact of such characteristics as space heating, electric water heating, and stock of electrical appliances, on the level and shape of the demand cycle. The impact of the peak-load pricing treatment is also analyzed.