Testing the Specification for each Region

Test #1 for cross-price effects

Region = NEC

Fuel #1 = Sector and Source Residential: Distillate Fuel Oil

Fuel #2 = Sector and Source Residential: Natural Gas

Fuel #3 = Sector and Source Residential: Electricity

Price = Sector and Source Residential: Electricity

year Fuel #1 Fuel #2 Fuel #3

2010 .0049 0 -.079

2011 .0055 .0002 -.1313

2012 .0063 .0005 -.1543

2013 .0093 0 -.1585

2014 .0097 -.0001 -.1605

2015 .0104 .0001 -.1621

2016 .0122 .0002 -.1637

2017 .0135 .0004 -.1655

2018 .0153 .0006 -.1664

2019 .0152 .001 -.1687

2020 .0155 .0017 -.1694

2021 .0161 .0025 -.1715

2022 .016 .0029 -.1736

2023 .0174 .0027 -.1741

2024 .0192 .0031 -.1761

2025 .021 .0034 -.178

2026 .022 .0035 -.179

2027 .0234 .0037 -.1815

2028 .0244 .004 -.186

2029 .0275 .0044 -.1901

2030 .0299 .0078 -.194

Test #2 For Linearity

Region = NEC

Fuel = Sector and Source Residential: Electricity

Year dPrice dDriver Sum dBoth Sum/dBoth

2010 -.0032 -.0003 -.0035 -.0035 1.0041

2011 -.0052 -.0005 -.0057 -.0057 1.0002

2012 -.0063 -.0007 -.007 -.0069 1.0067

2013 -.0065 -.0009 -.0073 -.0073 1.0078

2014 -.0066 -.001 -.0076 -.0076 1.008

2015 -.0067 -.0012 -.0079 -.0078 1.0063

2016 -.0068 -.0014 -.0082 -.0081 1.0066

2017 -.0069 -.0015 -.0084 -.0084 1.0061

2018 -.0071 -.0017 -.0087 -.0087 1.0076

2019 -.0071 -.0018 -.009 -.0089 1.0063

2020 -.0073 -.002 -.0093 -.0092 1.0063

2021 -.0074 -.0021 -.0095 -.0094 1.0059

2022 -.0075 -.0023 -.0097 -.0097 1.0053

2023 -.0076 -.0024 -.01 -.0099 1.0058

2024 -.0077 -.0025 -.0103 -.0102 1.0061

2025 -.0078 -.0027 -.0105 -.0104 1.0074

2026 -.008 -.0028 -.0108 -.0107 1.0095

2027 -.0082 -.003 -.0111 -.011 1.012

2028 -.0083 -.0031 -.0114 -.0113 1.0121

2029 -.0084 -.0032 -.0116 -.0115 1.0096

2030 -.0085 -.0032 -.0117 -.0117 1.0046