January 2, 2011

A New Look at Residential Electricity Demand Using Household Expenditure Data

by Harrison Fell, Shanjun Li and Anthony Paul

- We estimate residential electricity demand for different regions of the country, assuming that consumers respond to average electricity prices. We circumvent the need for individual billing information by developing a novel generalized method of moments approach that allows us to estimate demand based on household electricity expenditure data from the Consumer Expenditure Survey, which does not have quantity and price information.

Fell, H., S. Li and A. Paul (2010). "A New Look at Residential Electricity Demand Using Household Expenditure Data." RFF Discussion Paper 10-57, Nov 2010.