Colas, Mark; Reynier, Emmett - 2024
We study the optimal design of income-contingent subsidies for residential solar panels. Using remotely sensed data on … installation rates to subsidies is strongly decreasing in income. Using these empirical elasticities, we estimate a model that …. Counterfactual simulations reveal that switching to production-maximizing income-contingent subsidies leads to a three-fold increase …