NEWS: Cost of service and rate design
Are Residential Customers Price-Responsive to an Inclining Block Rate?

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February 8, 2014

Dr. Ren Orans, Dr. C.K. Woo and Jenya Kahn-Lang of E3 were co-authors on a recent paper “Are Residential Customers Price-Responsive to an Inclining Block Rate? Evidence from British Columbia”. In this article where BC Hydro’s bimonthly billing data is used, the authors document statistically significant price elasticity estimates to provide BC Hydro with the support for using a residential inclining block rate (RIB) as a tool for energy conservation.

filed under: Cost of service and rate design


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