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events during California's energy crisis in 2000-01. The analysis uses a five-year panel of disaggregate billing and weather … assumptions regarding a consumer's knowledge of energy prices. We find that after a rapid price increase in summer 2000 …-crisis levels after a price cap was imposed. Under the price cap public appeals for energy conservation and a remunerative voluntary …
Persistent link: https://www.econbiz.de/10013248389
Recent efforts to restructure and partially deregulate electricity markets have renewed interest in understanding how consumers respond to price changes. Several interrelated problems complicate demand analyses of these markets, including nonlinear pricing, heterogeneity in households' price...
Persistent link: https://www.econbiz.de/10013248390
which are combined with energy in different fixed proportions. Our principal contribution is to establish easily checked … apply these results to study the equilibrium dynamics of value-added, investment, wages, and energy use in a simple model of … energy use with putty-clay capital …
Persistent link: https://www.econbiz.de/10013212587
We find that households living in California homes built in the 1960s and 1970s had high electricity consumption in 2000 relative to houses of more recent vintages because the price of electricity at the time of home construction was low. Homes built in the early 1990s had lower electricity...
Persistent link: https://www.econbiz.de/10013130975
We document three remarkable features of the Opower program, in which social comparison- based home energy reports are …
Persistent link: https://www.econbiz.de/10013098808
that spending "reminders" can reduce peak demand, particularly during summer months. We discuss the implications for energy …
Persistent link: https://www.econbiz.de/10013062614