Date of Award
2011-01-01
Degree Name
Master of Science
Department
Economics
Advisor(s)
Thomas M. Fullerton
Abstract
This study examines residential electricity demand for the Seattle City Light (SCL) public utility market. SCL is interesting because all of its electricity is generated through hydro-electric facilities as well as its purchased power, mostly through contracts with the Bonneville Power Administration, resulting in below-average residential electricity prices. An error-correction model is estimated using annual time series data. Income, price, and climate data are used to identify both economic and seasonal effects. In addition, a customer equation is also estimated using the error-correction approach. The income-elasticity is negative indicating that electricity is an inferior good in this market. Out-of-sample forecasts are generated using compound annual growth rates.
Language
en
Provenance
Received from ProQuest
Copyright Date
2011
File Size
44 pages
File Format
application/pdf
Rights Holder
David Alan Juarez
Recommended Citation
Juarez, David Alan, "Residential Electricity Demand in Seattle" (2011). Open Access Theses & Dissertations. 2514.
https://scholarworks.utep.edu/open_etd/2514