Joskow, Paul L.; Marron, Donald B. - In: The Energy Journal Volume 13 (1992) Number 4, pp. 41-74
We use information reported by ten utilities about their electricity conservation programs to calculate the life-cycle cost per kWh saved - the cost of a "negawatt " -- associated with these programs. These computations indicate that the cost associated with utilities "purchasing" negawatthours...