Variable Response Model of the Demand for Electricity by Time of Day

Results from the Wisconsin Experiment

by Lee A. Lillard

Download

Full Document

FormatFile SizeNotes
PDF file 1.8 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback57 pages $23.00 $18.40 20% Web Discount

This Note presents a basic statistical framework for studying the magnitude and the implications of differences among households in the responsiveness to time-of-day electricity pricing. The Note proposes a methodology for dealing with variation among households in demand parameters. Because the focus is methodological, complex econometric issues are discussed in detail.

This report is part of the RAND Corporation Note series. The note was a product of the RAND Corporation from 1979 to 1993 that reported other outputs of sponsored research for general distribution.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.