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U.S. Commercial Electricity Consumption, Sergio Contreras, Wm. Doyle Smith, Thomas M. Fullerton Jr
U.S. Commercial Electricity Consumption, Sergio Contreras, Wm. Doyle Smith, Thomas M. Fullerton Jr
Mountain Plains Journal of Business and Technology
"Commercial electricity usage exceeds that of industrial usage and is almost as large as residential electricity consumption in the United States. In this study, regional economic, demographic, and climatic data are used to analyze commercial electricity demand in the United States. Results indicate that total commercial demand for electricity is negatively related to price. In addition, the number of businesses and service income positively affect electricity demand for commercial use. The results are similar for equations estimated for kilowatt-hours demanded per business. The regional dummy variables exhibit different signs, which may occur due to climate factors because warm weather regions …