Research Article

Estimating the Short-term Price Elasticity of Residential Electricity Demand in Iran

Table 2

Overpayment for different periods before targeting subsidies.

Consumption stepsOverpayment in midpeak period (Rial/kWh)Overpayment in peak period (Rial/kWh)Electricity price in off-peak period (Rial/kWh)

0–80
81–150-
151–200
201–250
251–300
301–400225.06 – 105140.18/c + 12218794.5/c2562.65 – 262850.45/c + 30546986.3/c2
401–500
501–600
601–8001448.7 – 1194665.95/c + 244092032.8/c2
801–966
>966