The significance of occupancy steadiness in residential consumer response to Time-of-Use pricing: Evidence from a stochastic adjustment model

Jacopo Torriti

Utilities Policy, 2013, vol. 27, issue C, 49-56

Abstract: The recent roll-out of smart metering technologies in several developed countries has intensified research on the impacts of Time-of-Use (TOU) pricing on consumption. This paper analyses a TOU dataset from the Province of Trento in Northern Italy using a stochastic adjustment model. Findings highlight the non-steadiness of the relationship between consumption and TOU price. Weather and active occupancy can partly explain future consumption in relation to price.

Keywords: Demand side management; Price elasticity; Residential electricity consumption; Time-of-Use (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:27:y:2013:i:c:p:49-56

DOI: 10.1016/j.jup.2013.09.005

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