Elasticities of Commercial Sector Demand to the Electricity Price

Year Distillate Natural Gas Electricity

2010 -.0001386 .0008008 -.0830878

2011 -.0002298 .0014356 -.1406143

2012 -.0002637 .0020977 -.1673205

2013 -.0002537 .0029635 -.1715588

2014 -.0002355 .0039426 -.1753184

2015 -.0001665 .0053099 -.1788522

2016 -.0000809 .0070736 -.1817336

2017 .0000319 .0093545 -.1842502

2018 .0001727 .0127874 -.1870686

2019 .0002945 .0174978 -.1907117

2020 .000473 .0237325 -.1951247

2021 .0006426 .0318862 -.2004193

2022 .0007806 .0413772 -.2064163

2023 .0009706 .052417 -.2131673

2024 .0011502 .0652464 -.2202631

2025 .0013084 .0795599 -.2281696

2026 .0014644 .0948613 -.2368635

2027 .0015881 .1110065 -.2459867

2028 .0016907 .1276517 -.2549535

2029 .0017876 .1448719 -.264071

2030 .001866 .1629152 -.2735752

Average .000612 .0475614 -.1999775

Elasticities of Commercial Sector Demand to the Distillate Fuel Oil Price

Year Distillate Natural Gas Electricity

2010 -.1262193 -.0002742 -.0000076

2011 -.2104307 -.0009306 -.0000128

2012 -.2412118 -.0020737 -.0000151

2013 -.230805 -.0036977 -.0000152

2014 -.2193942 -.0054363 -.0000137

2015 -.2089689 -.006973 -.0000134

2016 -.1985213 -.0084569 -.0000128

2017 -.1893967 -.0097215 -.0000133

2018 -.1810993 -.0108396 -.0000119

2019 -.1723842 -.0119881 -.0000121

2020 -.1654008 -.0128663 -.0000111

2021 -.1582169 -.0137511 -.0000117

2022 -.1518985 -.0144926 -.00001

2023 -.1463728 -.0151037 -.0000095

2024 -.1412522 -.0156548 -.0000079

2025 -.1360629 -.0161979 -.0000078

2026 -.1308648 -.0167277 -.000007

2027 -.1263201 -.0171674 -.0000058

2028 -.1224911 -.0174966 -.0000054

2029 -.11859 -.0178194 -.0000059

2030 -.1143878 -.0181706 -.0000058

Average -.1662043 -.0112305 -.0000103

Elasticities of Commercial Sector Demand to the Natural Gas Price

Year Distillate Natural Gas Electricity LPG

2010 -.0044953 -.1323898 .0001273 0

2011 -.0054149 -.2253139 .0003407 0

2012 .0022601 -.2681278 .0005741 0

2013 .022975 -.2747368 .0008538 0

2014 .0514972 -.2819907 .0011243 0

2015 .0714387 -.2874252 .0013955 0

2016 .0913857 -.2925924 .00166 0

2017 .1163196 -.2983906 .0019128 0

2018 .1332293 -.3029954 .0021878 0

2019 .1398125 -.3058741 .0024738 0

2020 .1470588 -.3082298 .0027142 0

2021 .1499588 -.3100067 .0029711 0

2022 .1493486 -.3112498 .0032531 0

2023 .1554068 -.3133265 .0035616 0

2024 .1607926 -.315029 .0038841 0

2025 .1618865 -.3164319 .0042496 0

2026 .1632456 -.3180061 .0046673 0

2027 .1618538 -.3192163 .0051621 0

2028 .1583447 -.3204017 .0057309 0

2029 .1566066 -.3220378 .0063917 0

2030 .1488946 -.3232846 .0072206 0

Average .1110669 -.292717 .0029741 0