Lifestyle factors in U.S. residential electricity consumption

Lifestyle factors in U.S. residential electricity consumption

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Article ID: iaor20121804
Volume: 42
Issue: 4
Start Page Number: 354
End Page Number: 364
Publication Date: Mar 2012
Journal: Energy Policy
Authors: , , ,
Keywords: statistics: multivariate, demand, economics
Abstract:

A multivariate statistical approach to lifestyle analysis of residential electricity consumption is described and illustrated. Factor analysis of selected variables from the 2005 U.S. Residential Energy Consumption Survey (RECS) identified five lifestyle factors reflecting social and behavioral patterns associated with air conditioning, laundry usage, personal computer usage, climate zone of residence, and TV use. These factors were also estimated for 2001 RECS data. Multiple regression analysis using the lifestyle factors yields solutions accounting for approximately 40% of the variance in electricity consumption for both years. By adding the household and market characteristics of income, local electricity price and access to natural gas, variance accounted for is increased to approximately 54%. Income contributed ~1% unique variance to the models, indicating that lifestyle factors reflecting social and behavioral patterns better account for consumption differences than income. Geographic segmentation of factor scores shows distinct clusters of consumption and lifestyle factors, particularly in suburban locations. The implications for tailored policy and planning interventions are discussed in relation to lifestyle issues.

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