ISSN (Print): 2395-1737

International Journal of Academic Research & Development

Published by Bharti Publications, Established-2015

Research

An Economic Analysis of Electricity Consumption in Kerala with Special Reference to Kalamassery Municipality

Siby K M*

* Corresponding author

Abstract

A day without electricity is unimaginable for the populace of today. Electricity is the driving force of the thriving economic activities around us. The deficiency of electrical energy can open a Pandora’s box of troubles for Kerala which is already lagging behind in industrial development in the country. The presentstudy makes use of both crosssectional and timeseries data to analyse the generation and consumption of electricity in Kerala by calculating the compound annual growth rates and instability indices of various significant variables in electrical energy sector. The study also analyses the residential electricity consumption pattern of Kalamassery municipality by using Ordinary Least Square (OLS) estimation.

Keywords: Consumption Pattern, Instability, Growth, Electrical Energy