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The impact of increased electricity prices on consumer demand
Dissertation (MBA)--University of Pretoria, 2010.
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| Format: | Thesis |
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University of Pretoria
2013
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| _version_ | 1867613660135817216 |
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| access_status_str | Open Access |
| author2 | Holland, Mike |
| author_browse | Holland, Mike |
| author_facet | Holland, Mike |
| collection | Thesis |
| dc_rights_str_mv | © 2008, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MBA)--University of Pretoria, 2010. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/23096 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:39:40.578Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/23096 The impact of increased electricity prices on consumer demand Holland, Mike ichelp@gibs.co.za De Lange, Ezzard UCTD Electronic power systems Dissertation (MBA)--University of Pretoria, 2010. The impact on demand resulting from an electricity price increase is unknown, Dekenah, Heunis, Gaunt and Cheek (2003). This study focused on large Eskom customers (industry and mining) and the impact of increased electricity prices (Eskom Megaflex Time-of-Use tariff) on their electricity demand is analysed. Since, the impact of this can be only be realised in the long-run (> 5 years), this study made use of historical data. In particular, the impact of the revised Megaflex tariff in 2002, which increased high season (winter) peak active charges by approximately 40% against an approximate reduction of 30% in the low season (winter) was analysed. It was found that the price elasticity of large Eskom customers is inelastic in the short-run (< 2 years) and elastic in the long-run. This is particularly evident in the Manufacturing sector. Furthermore, it was found that price is not the only input cost in the short-run, but economic factors such as commodity prices also influence consumption behaviour. This is particularly evident in the Mining sector. It was also found that alternatives (i.e. mandatory and voluntary load reduction programmes, etc.) impact electricity load profiles. In conclusion, this study found sufficient evidence in support of the research hypothesis. Copyright Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T14:29:47Z 2010-04-21 2013-09-06T14:29:47Z 2008-11-13 2010-04-21 2010-03-10 Dissertation De Lange, E 2008, The impact of increased electricity prices on consumer demand, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23096 > G10/13/mh G10/13/mh http://hdl.handle.net/2263/23096 http://upetd.up.ac.za/thesis/available/etd-03102010-161210/ © 2008, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Electronic power systems The impact of increased electricity prices on consumer demand |
| title | The impact of increased electricity prices on consumer demand |
| title_full | The impact of increased electricity prices on consumer demand |
| title_fullStr | The impact of increased electricity prices on consumer demand |
| title_full_unstemmed | The impact of increased electricity prices on consumer demand |
| title_short | The impact of increased electricity prices on consumer demand |
| title_sort | impact of increased electricity prices on consumer demand |
| topic | UCTD Electronic power systems |
| url | http://hdl.handle.net/2263/23096 http://upetd.up.ac.za/thesis/available/etd-03102010-161210/ |