Price Elasticity of Energy Use in the Residential and Commercial Sectors

13 Jan

Price Elasticity of Energy Use in the Residential and Commercial Sectors">Price Elasticity of Energy Use in the Residential and Commercial Sectors

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(Thu, 14 Jan 2021) This paper describes how the <em>Annual Energy Outlook 2020</em> (AEO2020) versions of EIA’s National Modeling System (NEMS) Residential and Commercial Demand Models responded to changes in delivered energy prices. Own-price and cross-price elasticities are described.

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