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Table 2 Electricity demanded across income classes

From: The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States

2001 All households < 10,000 10k – 29.9k 30k – 49.9k 50k or more
Total households (millions) 107 11 30.6 27.1 38.3
Billion kWh 1140 79 272 286 503
Average billion kWh per HH 10.65 7.18 8.88 10.55 13.13
Average annual price of electricity 8.58 cents per kWh
1997 All households < 10,000 10k – 29.9k 30k – 49.9k 50k or more
Total households (millions) 101.5 13.3 29.1 31.1 27.9
Billion kWh 1037 98 260 317 362
Average billion kWh per HH 10.22 7.37 8.93 10.19 12.97
Average annual price of electricity 8.4 cents per kWh
Computations All households < 10,000 10k – 29.9k 30k – 49.9k 50k or more
% change in average billion kWh per HH 4.11% -2.60% -0.52% 3.42% 1.20%
% change in price 2.10%
Price elasticity of demand 1.96 -1.24 -0.25 1.63 0.57