Title :
Prediction of default probability of clients´ electricity charge arrears
Author :
Zhou, Hui ; Wang, Yi ; Wang, Wei ; Li, Tao ; Yang, Hong
Author_Institution :
Sch. of Electr. Eng., Beijing Jiaotong Univ., Beijing
Abstract :
On the basis of analyzing the reasons bringing on electricity charge arrears and utilizing the gettable data, the key variables effecting on the charge arrears which are needed in arrear recognition risk are designed. By means of logistic regression theory which is commonly used in dealing with bi-category problem, we established the model which can recognize the possibility of electric power clients´ charge arrears. Thereby, it is possible to predict the default probability according to the latest data from client that the electric power enterprises could acquire, and the previous management mode is to be changed, i.e. passive occurrence of charge arrears are turned into active prevention in advance. Therefore propose of preventing client arrears could be achieved.
Keywords :
electricity supply industry; power markets; regression analysis; arrear recognition risk; bi-category problem; client electricity charge arrears; default probability; electric power client charge arrears; electric power enterprises; logistic regression theory; arrears risk; default probability; electricity sales; logistic regression model;
Conference_Titel :
Service Operations and Logistics, and Informatics, 2008. IEEE/SOLI 2008. IEEE International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-2012-4
Electronic_ISBN :
978-1-4244-2013-1
DOI :
10.1109/SOLI.2008.4682972