Empirical investigation of the rural cooperatives residential demand for electricity

Conference · Thu Jan 01 04:00:00 EST 1981

OSTI ID:6348274

Maddigan, R J; Chern, W S; Gallagher, C A

This study examines the Rural Electric Cooperatives' (RECs') residential demand for electricity using a simultaneous-equation, partial-adjustment model developed as a component of the Oak Ridge National Laboratory Rural Electric Energy Demand (REED) model. The residential sector is described by a pair of equations in which the quantity of electricity demanded and the average electricity price are endogenous. The structural equations are estimated using regionally pooled state-level, REC-specific data for the period 1969 to 1977 for five regions. The results indicate substantial variability among regions in both the short-run and long-run response to changing prices, income and weather conditions.

• Research Organization: Oak Ridge National Lab., TN (USA)
• DOE Contract Number: W-7405-ENG-26
• OSTI ID: 6348274
• Report Number(s): CONF-810744-1; ON: DE81026521
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296002* -- Energy Planning & Policy-- Electric Power Transmission & Distribution-- (-1989)
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320300 -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes
BUILDINGS
COST
ECONOMETRICS
ECONOMICS
ELECTRIC POWER
MATHEMATICAL MODELS
NORTH AMERICA
POWER
POWER DEMAND
RESIDENTIAL BUILDINGS
RURAL AREAS
USA