Table 3.  Summary of Adjusted Overall Buildings Sector Fuel Own-Price Response from Dahl (1993)

Fuel

Short-Run Elasticity

Long-Run Elasticity

Residential Sector

   

  Electricity

0.00 to -0.80

0.00 to -2.50

  Natural Gas

0.00 to -0.88

0.00 to -3.44

  Fuel Oil

0.00 to -0.70

0.00 to -3.50

Commercial Sector

   

  Electricity

-0.17 to -1.18

0.00 to -4.74

  Natural Gas

0.00 to -0.38

0.00 to -2.27

  Fuel Oil

-0.30 to -0.61

-0.55 to -3.50

Source: C. Dahl, A Survey of Energy Demand Elasticities in Support of the Development of the NEMS, Contract Number DE-AP01-93EI23499 (Washington, DC, October 1993). Studies were selected and grouped by the Office of Integrated Analysis and Forecasting.