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Utilities Policy

Article . 2013 . Peer-reviewed

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Utilities Policy

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

Name: The significance of occupancy steadiness in residential consumer response to Time-of-Use pricing: Evidence from a stochastic adjustment model
Creator: Jacopo Torriti
Keywords: 02110801 Energy policy/Renewable energy commercialization/Renewable energy, 020209 energy, 11. Sustainability, 0211 other engineering and technologies, 0202 electrical engineering, electronic engineering, information engineering, 021108 energy, 02 engineering and technology, 7. Clean energy, 02020901 Energy policy/Renewable energy commercialization/Renewable energy

descriptionPublicationkeyboard_double_arrow_right Article , Journal 01 Dec 2013Publisher:Elsevier BVJournal:Utilities Policy, volume 27, pages 49-56 (issn: 0957-1787,

Authors: Jacopo Torriti;

doi: 10.1016/j.jup.2013.09.005

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

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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.

Related Organizations

University of Reading
United Kingdom
University of Reading
United Kingdom

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