Using detailed data originating from several hundred households of the German Residential Energy Survey (GRECS), this paper empirically investigates the returns on investment in home-equipped photovoltaics (PV) installations. We find that these returns were particularly high in the years 2009 to...

Die Energiewende bürdet den Verbrauchern zunehmende Lasten auf. Relativ zu ihrem Einkommen fallen diese Belastungen für einkommensschwache Haushalte stäker aus als für einkommensstarke Haushalte. Die Ergebnisse unserer empirischen Erhebung unter mehr als 11.000 Haushalten zeigen jedoch, dass...

Germany’s energy transition has been accompanied by a near doubling of power prices for private households since the outset of the new millennium. Millions of poor households and those that are close to the poverty threshold are likely to suffer from these increases in electricity cost....