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More efficient and sustainable energy consumption behaviors are crucial to mitigate the adverse effects of climate change. This paper examines how dynamic personal pricing and externality cost incentives interact and affect energy conservation behaviors. We conduct an online lab experiment in...
Persistent link: https://www.econbiz.de/10014443620
We revisit optimal investment in energy-efficiency, presenting a decision framework built around the agent's wealth and wealth dynamic. An investment rule in the form of a trigger is derived such that the agent invests the first time the energy-carrier price crosses this threshold from below....
Persistent link: https://www.econbiz.de/10013457313
services by German households. In the process, we take into account that household behaviour may be influenced by habits, build … rebound effect. Our analysis shows that rebound has the potential to significantly reduce the expected energy savings of an … large parts of efficiency increases. Household habits have an initial detrimental effect on rebound. They limit the ability …
Persistent link: https://www.econbiz.de/10010194463
Traditional large appliances absorb a large share of residential electricity consumption and represent important targets of energy policy strategies aimed at achieving energy security. Despite being characterized by rather mature technologies, this group of appliances still offers large...
Persistent link: https://www.econbiz.de/10011438829
Photovoltaic systems generate electricity around noon, when many homes are empty. Conversely, residential electricity demand peaks in the evening, when production from solar sources is impossible. Based on a randomized control trial, we assess the effectiveness of alternative demand response...
Persistent link: https://www.econbiz.de/10011514861
investment in well-differentiated EE measures as well as to steer daily habits towards energy savings. However, no effects are …
Persistent link: https://www.econbiz.de/10010479007
This paper studies the determinants of why low-income households in Ireland abandon energy efficiency retrofit applications using administrative data from a targeted energy efficiency grant. By applying for the scheme the applicants overcome any financial barriers for undertaking retrofits...
Persistent link: https://www.econbiz.de/10012520138
We use a unique dataset that combines the responses from an original survey of households, information about the structural characteristics of their homes, utility-provided longitudinal electricity usage records, plus utility program participation information, to study the uptake of energy...
Persistent link: https://www.econbiz.de/10010189312
savings. We further point out that policies aimed at reducing household energy consumption should always take demand …
Persistent link: https://www.econbiz.de/10012285419
Empirical findings indicate that a large share of households misperceives electricity prices and is not able to make deliberate choices in energy service consumption, which leads to biased consumption decisions and thus to inefficient energy use. To investigate the impact of misperceived...
Persistent link: https://www.econbiz.de/10011944328