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Demand for electricity by the commercial sector: preliminary analysis and results. Working paper

Technical Report ·
OSTI ID:5620843
The possible impact of areawide residential location policy on future residential electricity usage in the Tri-State Metropolitan Region centering on New York City is investigated. This portion of the study estimates equations for the consumption of electricity in the commercial sector and projects the electricity consumption by that sector in 1985. A number of multiple regression equations, both cross-section and time-series, have been estimated to explain electricity consumption in the commercial sector by county. Three assumptions concerning price have been made: no change in real (constant dollar) electricity price from 1970-1985, real electricity price in 1985 is double the 1971 price; and real electricity price in 1985 is triple the 1971 price. The focus is on the unconstrained-demand case where there is no real change in price from 1970-1985. In these equations, employment is exogenously determined. Cross-section multiple regression equations in log and linear form were estimated using electricity consumption as the dependent variable. Parameters were developed using both 1967 and 1970 as base years. The observations were of the 23 counties in the New York Region.
Research Organization:
New York Regional Energy Study, NY (USA)
OSTI ID:
5620843
Report Number(s):
PB-292280
Country of Publication:
United States
Language:
English