Without a Comparison Group Why is COVID A Problem?Residential Sector COVID Impacts: Blue line is CalTRACK Hourly Counterfactual. Orange line is observed usage. Without a comparison group to account for COVID, the increase in consumption wipes out program savings. Chart Shows Analysis from March 19 - May 8; 7.2% Increase in consumption due to COVID Diff-of-Diff: A (Slightly) Deeper DiveThe “Difference of Differences” Calculation
(Counterfactual_Treatment - Observed_Treatment) - (Counterfactual_Comparison - Observed_Comparison) Video of the August 14, 2020 Meeting: Comparison WG VIDEO - 2020-08-14 Slides from the August 14, 2020 Meeting (cumulative): Comparison WG SLIDES - 2020-08-14 Chat Record from the August 14, 2020 Meeting: Comparison WG Chat - 2020-08-14
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