5 The most recent estimates of daily price elasticities for TOU and Critical Peak Pricing (CPP) 6 domestic rates differ significantly from the long-term price elasticity of -0.15 used in the 2026 7 Annual Load Forecast Report. The daily pr...
AI summary The document discusses the price elasticity of demand under Time-Varying Pricing (TVP) programs, noting that daily price elasticities for TOU and CPP rates differ significantly from long-term estimates. The elasticities were developed based on a small subset of customers and may not be representative of broader consumption patterns. The Company advises caution in extrapolating these findings to annual consumption outcomes and highlights the importance of future monitoring.
.15 -0.15 - - General Demand 2.78% 5.78% 16.52 9.30 77.7% 2,308.0 -0.15 -0.15 - - General Demand Time of Use On-Peak (Winter) 2.78% 5.78% 29.85 14.05 112.4% 0.3 -0.15 -0.15 - - Off-Peak (Winter) 2.78% 5.78% 17.43 10.96 59.0% 0.8 -0.15 -0.1...
AI summary The text presents data on demand and pricing across various sectors and time-of-use categories, including General Demand, MURB, CPP, and different industrial and municipal classifications. It includes metrics such as percentage changes, average costs, and inefficiency estimates related to the Short Run Marginal Cost (SRMC) Test for the year 2025.
Figure 1.2 2025 Base Cost Rate Revenues with DSM, SCRR and 2025 FAM Amounts (Based on 2025 average annual marginal cost of 9.048 cents/kWh) Short Run Marginal Cost Test Inefficient Usage Estimate Sales Price Elasticity-of- Inefficient Usag...
AI summary Figure 1.2 presents 2025 base cost rate revenues with DSM, SCRR, and FAM amounts. It includes data on residential and small general usage, time-of-day pricing, and critical peak pricing, showing variations in costs and sales across different usage periods.