Estimating the Short-term Price Elasticity of Residential Electricity Demand in Iran
Table 4
Descriptive statistics.
ā
Midpeak period electricity consumption in December (kWh) Ł
Peak period electricity consumption in December (kWh)
Off-peak period electricity consumption in December (kWh)
Midpeak period electricity consumption in January (kWh)
Peak period electricity consumption in January (kWh)
Off-peak period electricity consumption in January (kWh)
Mean
87.22
42.08
54.36
85.02
40.81
53.07
Median
75.06
36.37
45.41
73.29
35.18
43.85
Maximum
805.07
335.09
1293.77
975.06
335.09
1293.77
Minimum
7.87
0.21
0
7.87
0.21
0
Std. Dev
58.59
27.36
46.64
58.66
26.55
47.21
Skewness
3.65
3.14
9.46
4.27
3.26
9.90
Kurtosis
31.79
23.29
206.87
44.18
25.7
209.4
Jarque-bera
97409.6
49843.9
4630728
195369.7
61648.6
4749913
Probability
0
0
0
0
0
0
Sum
231230.3
111558.2
144113.8
225377.1
108195.2
140690.3
Sum sq. Dev
9097728
1982991
5766037
9117728
1867539
5907612
Observation
2651
2651
2651
2651
2651
2651
Note. Table 3 provides descriptive statistics for our household-level panel data. This table illustrates descriptive statistics for the variables of the monthly electricity consumption of households in midpeak, peak, and off-peak periods of December and January.
