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We estimate whether consumers respond to local energy costs when purchasing appliances. Using a dataset from an appliance retailer, we compare demand responsiveness to a measure of energy costs that varies with local energy prices versus purchase prices. We strongly reject that consumers are...
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the energy efficiency rebound, and discuss areas where estimation is extraordinarily difficult. Along these lines, we …
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Improvements in energy efficiency are increasingly seen as a key strategy to reduce energy consumption in the domestic sector. Yet, concerns are mounting that households rebound, meaning that they adapt to efficiency gains by increasing their demand, as efficiency improvements reduce relative...
Persistent link: https://www.econbiz.de/10011494878
This paper investigates how households respond to efficiency improvement of their heating system. Micro-level rebound effects are estimated using a survey with an innovative choice experiment based on the stated preference approach. The experiment design allows to identify the direct and...
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