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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27937 |
来源ID | Working Paper 27937 |
Powering Work from Home | |
Steve Cicala | |
发表日期 | 2020-10-12 |
出版年 | 2020 |
语种 | 英语 |
摘要 | This paper documents an increase in residential electricity consumption while industrial and commercial consumption has fallen during the COVID-19 pandemic in the United States. Hourly smart meter data from Texas reveals how daily routines changed during the pandemic, with usage during weekdays closely resembling those of weekends. The 16% residential increase during work hours offsets the declines from commercial and industrial customers. Using monthly data from electric utilities nationwide, I find a 10% increase in residential consumption, and a 12% and 14% reduction in commercial and industrial usage, respectively, during the second quarter of 2020. This contrasts with the financial crisis of 2008, which also witnessed a rapid decline in industrial electricity consumption, but left residential usage unaffected. The increase in residential consumption is found to be positively associated with the share of the labor force that may work from home. From April through July of 2020, total excess expenditure on residential electricity was nearly $6B. |
主题 | Financial Economics ; Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy ; COVID-19 |
URL | https://www.nber.org/papers/w27937 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585611 |
推荐引用方式 GB/T 7714 | Steve Cicala. Powering Work from Home. 2020. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27937.pdf(2282KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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