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Further Discussion

Electric load varies significantly across the day, week, month, and season, and the effects of other significant influences (eg weather) vary by time of day and date (i.e. day of the week, holiday versus workday, etc). The TESLA model is tailored to the particular patterns experienced in each franchise area, including any tendency of those patterns to shift.
The human behaviour that underlies variation in load varies in regular patterns that can largely be predicted based on knowledge of the clock and calendar. Variables that are time- and date-based are therefore excellent predictors of load. The TESLA model has internal facilities to determine the day of the week, holidays or other days of special significance, annual seasonal patterns, and the proximity of a given day to some day of special significance. For example, Wednesday load obviously differs from Sunday load, but it also differs from the other days of the week, as well. Behaviour and load are different on and around holidays, and the difference depends on the specific holiday and the day of the week on which it occurs.

The daily cycle explains much of the variation in load, and that cycle differs based on the day of the week and proximity to a holiday. In identifying holidays, the model is locale-specific. For example, Boxing Day (26 December) is observed in the UK and Canada, but not in the US. Cinco de Mayo is a holiday in Mexico, but not in the US; however, it would qualify as a "special day" in many parts of the Southwestern US.

There are also strong interactions between clock and calendar variables and the weather. For example, the load on a rainy Sunday will be much different than the load on a rainy Tuesday, and the effects of the rain itself on load will be different on a Sunday, compared to what it is on any other day of the week. The relationship between load and temperature also varies dramatically based on clock and calendar effects. The model explicitly captures these relationships and interactions, through a richly specified set of variables that capture daily, seasonal, and special day effects.

 
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