Elasticities Summary for Electricity
|
|
Residential |
Commercial |
Industrial |
|
Electricity Price |
-.075 (-22.9) |
-.115 (-12.8) |
-.102 (-9.84) |
|
Natural Gas Price |
N/A |
N/A |
.043 (5.61) |
|
Total Households |
.484 (12.8) |
N/A |
N/A |
|
Total Floorspace |
N/A |
.686 (15.9) |
N/A |
|
Value of Shipments |
N/A |
N/A |
.366 (9.88) |
|
Lagged Consumption |
.542 (20.6) |
.326 (7.17) |
.444 (7.54) |
|
Long Run Multiplier |
2.22 |
1.5 |
1.81 |
|
R2 |
.996 |
.985 |
.936 |