Table 2 Electricity demanded across income classes
2001 | All households | < 10,000 | 10k – 29.9k | 30k – 49.9k | 50k or more |
|---|---|---|---|---|---|
Total households (millions) | 107 | 11 | 30.6 | 27.1 | 38.3 |
Billion kWh | 1140 | 79 | 272 | 286 | 503 |
Average billion kWh per HH | 10.65 | 7.18 | 8.88 | 10.55 | 13.13 |
Average annual price of electricity | 8.58 cents per kWh | ||||
1997 | All households | < 10,000 | 10k – 29.9k | 30k – 49.9k | 50k or more |
Total households (millions) | 101.5 | 13.3 | 29.1 | 31.1 | 27.9 |
Billion kWh | 1037 | 98 | 260 | 317 | 362 |
Average billion kWh per HH | 10.22 | 7.37 | 8.93 | 10.19 | 12.97 |
Average annual price of electricity | 8.4 cents per kWh | ||||
Computations | All households | < 10,000 | 10k – 29.9k | 30k – 49.9k | 50k or more |
% change in average billion kWh per HH | 4.11% | -2.60% | -0.52% | 3.42% | 1.20% |
% change in price | 2.10% | ||||
Price elasticity of demand | 1.96 | -1.24 | -0.25 | 1.63 | 0.57 |