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Investigation of Demand Response to Changing the Household Electricity Meter from Single Stroke Case to Three Stroke Case; Evidence from Tehran Interior Region 2

Sadeghi, Saeed | 2016

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  1. Type of Document: M.Sc. Thesis
  2. Language: Farsi
  3. Document No: 49183 (44)
  4. University: Sharif University of Technology
  5. Department: Management and Economics
  6. Advisor(s): Vesal, Mohammad
  7. Abstract:
  8. This study investigates consumers’ response to changing the household electricity meter from single stroke case to three stroke case. Existence of different prices in different hours during the day is the advantage of three stroke electricity meters compared to single stroke ones. Electricity bill data of 19,742 subscribers, in Tehran Interior Region 2, during the period 1387 to 1393, has been used to evaluate this policy. Subscribers who always use only single stroke electricity meters or three stroke ones are considered as the control group; and subscribers who have experienced electricity meter change during the period are considered as the experimental group. Changing electricity meters for some of subscribers enables us to use difference in difference method to estimate the effect of this change on the average household electricity consumption. After changing electricity meter, the consumers’ average household electricity consumption has been reduced 4.5 - 6.5 %, and the average price they paid has been increased 2 - 3.5 % during a month. Both of these effects are significant at the 5% level, and stable compared to various controls including different temporal trends for customer classes
  9. Keywords:
  10. Difference-in-Difference Method ; Time Varying Price ; Residential Customer ; Power Consumption ; Three Stroke Electricity Meter ; Power Consumption Management

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