Residental Electricity Demand: An Analysis of the Current and Future United States Electricity Grid and Its Impact on Power Consumption

The nature of electrical power requires specific infrastructure in order to operate adequately. Currently, the United States electricity grid contains a number of bottlenecking inefficiencies that arise from the aging infrastructure of the system. This paper examines the current state of the United States electricity grid, how potential changes in weather variables can affect the electricity consumption of residential consumers, and how implementation of Smart Grid technology can potentially mitigate these issues. It is determined through regression analysis that each weather variable that was tested proves significant for at least one of the consumers compared. This indicates that there is an enormous magnitude of individual variables that factor into residential electricity consumption and that more efficient and integrated electricity practices are necessary to optimize efficiency