Comprehensive Evaluation of Household Energy Consumption Based on Least Absolute Shrinkage and Selection Operator Method

Abstract

With the continuous improvement of household living conditions in China, energy consumption has increased rapidly. However, it is still nearly blank in the study of estimating the comprehensive energy consumption directing at household. This paper researches the method of comprehensive energy consumption estimation for community and household under the influence of multiple factors. It is proposed that the adjusted energy consumption calculating by least absolute shrinkage and selection operator (LASSO) method. In order to prove the superiority of this way, the data of comprehensive energy consumption in Changzhou City is analyzed as an example. Finally, it is found that LASSO method has higher fitting degree, smaller annual average error and smaller monthly average error. It is proved that the LASSO method is feasible.