US residential electricity consumption: the effect of states' pursuit of energy efficiency policies

Richard Cebula ()

Applied Economics Letters, 2012, vol. 19, issue 15, 1499-1503

Abstract: This empirical note seeks to provide evidence identifying key factors that have influenced the per residential customer consumption of electricity in the United States during recent years, with particular emphasis on the degree to which each state has pursued energy efficiency policies. This preliminary empirical analysis takes the form of Panel Two-Stage Least Squares (P2SLS) estimations. State-level data are adopted for the 4-year period from 2002 through 2005. The P2SLS findings indicate that the consumption of electricity per residential customer is an increasing function of the annual number of cooling degree days, the real personal disposable income and the real price of natural gas, as well as the maximum electricity generation capacity, while being a decreasing function of the real unit price of electricity, the extent of usage of natural gas for residential heating and the degree to which each state has pursued energy efficiency policies.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2011.637884 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:19:y:2012:i:15:p:1499-1503

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2011.637884

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().