Estimating the Short-term Price Elasticity of Residential Electricity Demand in Iran
Table 5
Descriptive statistics.
Average electricity price during midpeak period in December (Rial/kWh)
Average electricity price during peak period in December (Rial/kWh)
Average electricity price during off-peak period in December (Rial/kWh)
Average electricity price during midpeak period in January (Rial/kWh)
Average electricity price during peak period in January (Rial/kWh)
Average electricity price during off-peak period in January (Rial/kWh)
Mean
103.78
240.69
28.14
362.77
662.77
212.77
Median
88.08
220.05
22.3
317.97
617.97
167.97
Maximum
793.52
793.52
120.1
1313.5
1613.50
1163.50
Minimum
33.67
43.67
20.78
163.42
463.42
13.42
Std. Dev
69.82
126.12
14.68
133.13
133.13
133.13
Skewness
6.09
2.23
2.70
3.66
3.66
3.66
Kurtosis
50.37
10.38
10.9
19.69
19.69
19.69
Jarque-bera
264264.2
8214.6
10149.1
36683.07
36683.07
36683.07
Probability
0
0
0
0
0
0
Sum
275116.6
638062.8
74613.5
961705.3
1757005
564055.3
Sum sq. Dev
12919131
42153584
571419.8
46967913
46967913
46967913
Observation
2651
2651
2651
2651
2651
2651
Note. Table 5 illustrates descriptive statistics for the variables of the average electricity price charged to households in midpeak, peak, and off-peak periods of December and January.
