Fuel

Demand Response to Fuel Price Change

Short-Run Own-Price

Long-Run Own-Price and Cross-Price

Electricity

Gas

Distillate

Residential Sector

  Electricity

-0.23

-0.31

0.03

-0.00

  Natural Gas

-0.26

0.08

-0.43

0.02

  Distillate Fuel

-0.28

0.05

0.15

-0.53

Commercial Sector

  Electricity

-0.24

-0.25

-0.00

0.00

  Natural Gas

-0.28

0.00

-0.34

0.03

  Distillate Fuel

-0.47

0.00

0.49

-0.87

Note: Own-price elasticities are shown in bold type.
Source: Energy Information Administration, Office of Integrated Analysis and Forecasting, calculated from the following price path scenarios: Reference Case Price Path, ELAST99.D102298F; Electricity Price Increase Case, ELAST99.D110298B; Natural Gas Price Increase Case, ELAST99.D110298C; Distillate Fuel Price Increase Case, ELAST99.D110298D.