Forecasting Model for Energy Consumption in South Africa Correlated with the Income

M.W. Siti, D.V. Nicolae, and A.A. Jimoh (South Africa)

Keywords

Electric consumption, modelling,

Abstract

This paper presents a mathematical model that forecasts the energy consumption in South Africa. The model is correlated to the income of the consumers. The study made use of the real energy consumption audit in South Africa. The mathematical model in this work is developed around the variables identified from the survey. The model can be applied to other utilities worldwide with some modifications in the influencing parameter values. The model developed was used to study the effect of certain indices; such as society, personality, and fixed contribution index on the electricity consumption. Different results obtained and presented in this work clearly show that the income is a major determinant of energy consumption.

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