Residential Electricity Demand Under Time-of-Day Pricing: Exploratory Data Analysis from the Los Angeles Rate Study

Residential Electricity Demand Under Time-of-Day Pricing: Exploratory Data Analysis from the Los Angeles Rate Study

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This analysis seeks statistically reliable estimates of response to time-of-day (TOD) pricing, concentrating on statistical issues rather than solely economic ones. The main purpose is to urge analysts to apply exploratory data analysis with relatively simple, "model free" specifications before analyzing TOD response with a more highly structured set of economic demand equations.