Analysis of the major factors that effect power consumption: A multiple regression analysis approach

Abstract

The erratic power supply in recent times has been a matter of great concern not only to the consumers but also to the Power Holding Company of Nigeria (PHCN) organization itself. The nagging problem is compounded by the spasmodic nature of the phenomenon and hence calls for a special scientific investigation. The paper uses a multiple regression analysis technique to investigate the major factors that affect power Consumption in Jos Metropolis – traditionally tin-mining Camp. On the initial assumption that erratic power supply can only be due to the disparity between supply and demand. The paper sets out to answer the following two questions; i) what factors have been responsible for such increase in demand and the behaviour of the relationship that exist between these factors; ii) what likely measures are to be taken to restore the balance between demand and supply. We were able to identify the major factors as Residential Industrial and Commercial. Some interesting relationships were established.