标题：A Mathematical Investigation of Blank and Gegax's Methodology for Constructing Two-part Electric Rates: Effect of Correlation between Energy & Demand on the Allocation of Demand-related Costs to the Fixed Customer Charge
期刊名称：International Journal of Statistics and Applications
印刷版ISSN：2168-5193
电子版ISSN：2168-5215
出版年度：2019
卷号：9
期号：1
页码：1-7
DOI：10.5923/j.statistics.20190901.01
语种：English
出版社：Scientific & Academic Publishing Co.
摘要：In this paper, we investigate the mathematical formulation of the Blank and Gegax methodology for constructing two-part electric rates. The mathematical relationship between household electrical loads and the proportion of demand-related costs to be recovered through the customer charge in residential electricity rates is determined theoretically, and then empirically illustrated using data from 100,000 customers. We find that the correlation between monthly energy consumption and maximum demand, as well as the coefficients of variation of demand and energy, determine the proportion of demand-related costs to be recovered through the customer charge under the Blank and Gegax methodology.
关键词：Correlation; Dropping regressors; Electric rates; Demand-related costs
