Short-run Demand for Residential Electricity in Rural Electric Cooperatives Franchise Area

Rolando A. Danao

Abstract


A short-run demand model for residential electricity is estimated for households served by the Rural Electric Cooperatives using data from the 1997 Family Income and Expenditure Survey. The results support earlier findings that the short-run residential demand for electricity is income and price inelastic. The results also show that household size, urban location, age and educational level of the household head have significant positive effects on household electricity consumption.

 

JEL classification: C2, Q2, R2


Keywords


Econometric Methods; Household Analysis; Energy

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