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Title: Electricity Consumption and Durable Housing: Understanding Cohort Effects

Citation Type: Working Paper

Publication Year: 2011

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Abstract: We find that households living in California homes built in the 1960s and 1970s had high electricity consumption in 2000 relative to houses of more recent vintages because the price of electricity at the time of home construction was low. Homes built in the early 1990s had lower electricity consumption than homes of earlier vintages because the price of electricity was higher. The elasticity of the price of electricity at the time of construction was -0.22. As homesbuilt between 1960 and 1989 become a smaller share of the housing stock, average household electricity purchases will fall.

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Authors: Costa, Dora L.; Kahn, Matthew E.

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Institution: UC Energy Institute and the UC Santa Barbara Bren School of Environmental Science and Management

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Publisher Location: Berkeley, California

Data Collections: IPUMS USA

Topics: Housing and Segregation

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