Graduate Project
 

Looking at the Relationship between Household Electricity Consumption and Annual Household Income Using an Agent-Based Integrated Framework

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https://ir.library.oregonstate.edu/concern/graduate_projects/fx719p20b

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  • Electricity is a vital energy source for modern life, and is used in almost every aspect of daily life. United States electricity consumption totaled nearly 3,886,403 gigawatt hours in 2011. Residential electricity consumption accounts for 37 percent of total electricity consumption in the United States. Between 1990 and 2007, the total volume of electricity sold in the United States grew at an average annual rate of 1.9%. The growth rate in residential energy usage was even higher, growing at an annual rate of 2.4% The oil shocks of the 1970s and major blackouts in 1965, 1977, and 2003 raised energy supply and security concerns. This paper uses the United States Energy Information Agencies Residential Energy Consumption Survey from 1997, 2001, and 2005 and an integrated framework of residential energy consumption to examine the relationship between annual household income and household electricity consumption. Even when controlling for various aspects of household electricity consumption, household annual income is found to be a significant factor in determining residential electricity consumption.
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