Estimation of residential customer outage costs in LESCO | |
| Author | Sherwani, Muhammad Abu Bakr Khan |
| Call Number | AIT Proj. no.PM-EBM-13-11 |
| Subject(s) | Electric power failures--Cost effectiveness Cost effectiveness |
| Note | A project submitted in partial fulfillment of the requirements for the degree of Professional Master in Energy Business Management |
| Publisher | Asian Institute of Technology |
| Series Statement | |
| Abstract | This paper presents a methodology for quantifying the worth or benefit of electric service reliability to estimate the residential customer interruption costs (monetary losses) associated with electric power supply interruptions. The customer outage costs are calculated by direct methods of outage impacts, customers preparatory actions during outages and customers willingness to pay factors through questionnaire development and presentation to a small group of residential consumers. The residential customer damage model is developed for their peak energy demand and consumption. The annual financial losses incurred by the LESCO and its residential consumers, due to value of loss of load / electric energy not served assessment are taken as basis for the future investments for improving reliability and quality of electric supply through reduction in the frequency and duration of outages. The benefits of reliability worth can be evaluated by the comparison in reduction of SAIFI and SAIDI indices annually. |
| Year | 2013 |
| Corresponding Series Added Entry | |
| Type | Project |
| School | School of Environment, Resources, and Development (SERD) + School of Management (SOM) |
| Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
| Academic Program/FoS | Energy Business Management (Professional Master) (PM-EBM) |
| Chairperson(s) | Kumar, S. |
| Examination Committee(s) | Marpaung, Charles O. P.;Singh, Jai Govind |
| Scholarship Donor(s) | World Bank (EDSMAT) |
| Degree | Project (M. Sc.) - Asian Institute of Technology, 2013 |