We analyze optimal policy when consumers of energy-using durables undervalue energy costs relative to their private … distortions from underinvestment in energy efficiency. Discrete choice simulations of the auto market suggest that the Internality … consumers marginal to each instrument. Because consumers who undervalue energy costs are mechanically less responsive to energy …

variation in eligibility for CCA participation, we find that the CCL had a strong negative impact on energy intensity and …

) and energy efficiency (EE) investments. We specify a model that relates electricity demand to previous EE DSM spending …, energy prices, income, weather, and other demand factors. In contrast to previous studies, we allow EE DSM spending to have a … over that time period and a 1.8 percent savings over all years. These energy savings came at an expected average cost to …

Improving the efficiency with which we use energy is often said to be the most cost-effective way to reduce energy use … and greenhouse gas emissions. Yet, such improvements usually lower the cost of using energy-intensive goods and may create … wealth from the energy savings, both of which lead to increased energy use, a "rebound'' effect. Disagreements about the …

a financial reward for energy conservation. Using household-level panel data from administrative records, I find …

We evaluate the effectiveness of energy efficiency labeling in guiding household decisions. Using a carefully designed … intertemporal behavior (i.e., discounting) in guiding energy efficiency behavior. We find that simple information on the economic … value of saving energy was the most important element guiding more cost-efficient investments in energy efficiency, with …

This article provides an overview of the use of field experiments in energy and resource economics. I concentrate on … and water and (ii) explore the adoption of energy saving technologies. Viewed in its totality, this work suggests that … influence the use of energy and water. For academics, the studies reviewed provide a deeper understanding of individual behavior …

Information provision is a key element of government energy-efficiency policy, but the information that is provided is … energy cost information based on average national usage and energy prices. We conduct an online randomized controlled trial … significantly better choices. Consumers invest about the same amount overall in energy-efficiency, but the allocation is much better …

We examine the role of individual discount rates in energy efficiency decisions using evidence from an extensive survey … of U.S. homeowners to elicit preferences for energy efficiency and cash flows over time. We find considerable … invest in energy efficiency, as measured through product choices, required payback periods, and energy efficiency tax credit …