The long-run value of electricity reliability in India

IF 2.6 3区 经济学 Q1 ECONOMICS
Shefali Khanna , Kevin Rowe
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引用次数: 0

Abstract

This paper evaluates residential consumers’ electricity consumption and appliance investment responses to power outages from 2015 to 2019 in Delhi, India. Our empirical strategy takes advantage of features of the electricity distribution network in the service territory of one of Delhi’s regulated distribution utilities that exposes similar customers to plausibly exogenous annual variation in electricity reliability. Using original household survey data and four years of billing and power outage records for more than one million customers, we estimate that an additional hour per month of power outages reduced electricity consumption by 4.8 percent. These estimates suggest that households are willing to pay USD 1.50 per kWh of lost consumption, which is more than 25 times the average price they pay for grid electricity.

印度电力可靠性的长期价值
本文评估了 2015 年至 2019 年印度德里居民消费者的电力消费和家电投资对停电的反应。我们的实证策略利用了德里一家受监管的配电公司服务区域内配电网络的特点,使类似客户面临电力可靠性方面看似外生的年度变化。利用原始的家庭调查数据以及超过 100 万用户的四年账单和停电记录,我们估计每月多停电一小时,用电量就会减少 4.8%。这些估算表明,家庭愿意为每千瓦时的用电损失支付 1.50 美元,这是他们为电网用电支付的平均价格的 25 倍以上。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
5.40
自引率
0.00%
发文量
41
期刊介绍: Resource and Energy Economics provides a forum for high level economic analysis of utilization and development of the earth natural resources. The subject matter encompasses questions of optimal production and consumption affecting energy, minerals, land, air and water, and includes analysis of firm and industry behavior, environmental issues and public policies. Implications for both developed and developing countries are of concern. The journal publishes high quality papers for an international audience. Innovative energy, resource and environmental analyses, including theoretical models and empirical studies are appropriate for publication in Resource and Energy Economics.
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