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

<table class="table-group" id="tab3"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left">Consumption steps</td><td class="align_center">Electricity price (Rial/kWh)</td><td class="align_center">Percentage of changes in marginal price</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">0–100</td><td class="align_center">270</td><td class="align_center">—</td></tr><tr><td class="align_left">More than 100 to 200</td><td class="align_center">320</td><td class="align_center">18.51%</td></tr><tr><td class="align_left">More than 200 to 300</td><td class="align_center">720</td><td class="align_center">125%</td></tr><tr><td class="align_left">More than 300 to 400</td><td class="align_center">1300</td><td class="align_center">80.55%</td></tr><tr><td class="align_left">More than 400 to 500</td><td class="align_center">1500</td><td class="align_center">15.38%</td></tr><tr><td class="align_left">More than 500 to 600</td><td class="align_center">1900</td><td class="align_center">26.66</td></tr><tr><td class="align_left">More than 600</td><td class="align_center">2100</td><td class="align_center">10.52</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Price and percentage of changes in marginal price after targeting subsidies.</div>

International Transactions on Electrical Energy Systems

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Table 3

Table 3: Estimating the Short-term Price Elasticity of Residential Electricity Demand in Iran 