Energy Conversion and Management, Vol.39, No.7, 623-629, 1998
Climatic and economic influences on residential electricity consumption
We have performed regression and correlation analyses to investigate the relationships between residential electricity consumption and economic variables and climatic factors for Hong Kong. Economic and energy data for the 23-year period from 1971 to 1993 have been gathered and analysed. It has been found that both the seasonal and the yearly electricity use in the residential sector can be estimated based on the household income, household size, electricity price and cooling degree-days.