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Growth in the demand for electrical energy in the United States

Journal Article · · J. Energy Dev.; (United States)
OSTI ID:5145104
A demand model is developed to assess the role of conservation efforts, overall economic conditions, higher electricity prices, weather conditions and other demand factors in determining electrical sales patterns from 1974--1976. Results indicate that there was no growth in kilowatt-hour sales in 1974 after an historical trend of seven percent annual growth because of a combination of large price increases and conservation efforts made after the Arab oil embargo. The 1975 record of small growth was found to result from high prices and economic conditions which caused industrial use to decline. Unusually bad weather, economic recovery, and smaller price increases resulted in a return to the seven percent growth rate in 1976. All sectors were found to respond to the changes in electricity prices. (DCK)
Research Organization:
Dept. of Energy, Washington, DC
OSTI ID:
5145104
Journal Information:
J. Energy Dev.; (United States), Journal Name: J. Energy Dev.; (United States) Vol. 3:1; ISSN JENDD
Country of Publication:
United States
Language:
English

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