Understanding electricity consumption: A comparative contribution of building factors, socio-demographics, appliances, behaviours and attitudes

This paper tests to what extent different types of variables (building factors, socio-demographics, appliance ownership and use, attitudes and self-reported behaviours) explain annualized electricity consumption in residential buildings with gas-fuelled space and water heating. It then shows which individual variables have the highest explanatory power. In contrast to many other studies, the study recognizes the problem of multicollinearity between predictors in regression analysis and uses Lasso regression to address this issue.

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