| Abstract: | An important component of the New England Electric System Companies' (the 'System') total electricity sales is attributable to commercial customers. Commercial growth has recently been strong; moreover the System's peak demand is highly sensitive to commercial load. In a typical month this class represents 33 per cent of total System sales. Accurate short-run forecasts of total kWh sales are important for rate making, budgeting, fuel cause proceedings, and corporate planning. In this study we use a variety of econometric and time-series techniques to produce short-run forecasts of commercial sales for two geographical areas served by two separate retail companies;. |
