NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Long-Run Dynamics of Electricity Demand: Evidence from Municipal Aggregation

Tatyana Deryugina, Alexander MacKay, Julian Reif

NBER Working Paper No. 23483
Issued in June 2017, Revised in October 2017

---- Acknowledgements ----

We thank ComEd for generously sharing electricity usage data with us, and are particularly grateful to Renardo Wilson for many helpful discussions. We also thank Torsten Clausen and the Illinois Commerce Commission for providing helpful background information on municipal aggregation. We thank Severin Borenstein, Mike Florio, Don Fullerton, Katrina Jessoe, Nolan Miller, Erica Myers, Mar Reguant, and participants at the University of Illinois IGPA seminar, 2017 ASSA meetings, the 2017 CeMENT workshop, the EPIC lunch series, the POWER Conference on Energy Research and Policy, the Midwest Economics Association meetings, and the University of Pittsburgh seminar for excellent comments and suggestions. Noah Baird, Dylan Hoyer, and Chitra Jogani provided excellent research assistance. Views reflected here are solely those of the authors. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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