Income and price elasticities of electricity demand: Aggregate and sector-wise analyses

► The study conducts analysis for aggregate and four sectors. ► Sectoral analyses are for residential, commercial, manufacturing and agricultural sectors. ► We obtained higher positive income and negative price elasticity in the long run. ► The higher price elasticity implies that price can be used as a policy tool. ► Capital stock and temperature variables explain most of the short-run demand fluctuations.