Adjusting For The Weather
The
method utilized is for the constant elasticity E.
First,
the value for “A” is computed in the formula:
Actual Q = A(Actual HDD or
CDD)E.
Then,
given “A,”
if normal
Q = A(Normal HDD or CDD)E.
The
weather impact or adjustment is then computed as,
adjustment
= (if normal Q) – (actual Q).
Sector and
Source: Residential: Delivered Energy
HDD Weather
Elasticity = .3848
Year
Actual %d(HDD)
Adjustment If
1995 10.46122 100.15 -.0062 10.455
1996 11.12847 104.18 -.1739 10.9546
1997 10.66744 100.4 -.0162 10.6512
1998 10.23326 87.33 .5474 10.7807
1999 10.64985 92.15 .3403 10.9901
2000 11.1721 98.59 .0614 11.2335
2001 10.91906 93.35 .2931 11.2122
2002 11.16996 94.69 .2367 11.4067
2003 11.52878 98.59 .0634 11.5922
2004 11.39384 94.83 .2353 11.6291
2005 11.59748 93.46 .3059 11.9034