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- W4293497074 abstract "This paper investigates the relationship between the regulatory policy revenue decoupling, which separates utilities’ revenue from sales fluctuations, and electricity customers’ energy demand and efficiency in the U.S. electricity sector. To this end, we use recent Stochastic Frontier Analysis estimation techniques that account for both persistent and transient energy efficiency. The results show a significant negative correlation between decoupling and electricity consumption. However, the implementation year, which serves as a reference for price adjustments, is associated with increasing electricity demand and decreasing transient energy efficiency. Therefore, utilities seem to anticipate the implementation of decoupling, which partially offsets the benefits. • Decoupling true up plans are associated with a reduction in electricity sales. • The reference year for price adjustment is associated with an increase in sales. • Electric utilities seem to anticipate the implementation of revenue decoupling. • We find no evidence that revenue decoupling fosters energy efficiency." @default.
- W4293497074 created "2022-08-29" @default.
- W4293497074 creator A5064022471 @default.
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- W4293497074 date "2022-12-01" @default.
- W4293497074 modified "2023-09-23" @default.
- W4293497074 title "Revenue decoupling, energy demand, and energy efficiency: Empirical evidence from the U.S. electricity sector" @default.
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- W4293497074 doi "https://doi.org/10.1016/j.jup.2022.101416" @default.
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