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...

Ziel dieser Studie ist die Schätzung des Energieverbrauchs privater Haushalte in Deutschland für die Jahre 2011 bis 2013 mittels einer Stichprobenerhebung, die mittlerweile auf einem aus rund 15 000 Haushalten bestehenden repräsentativen Panel des forsa-Instituts basiert. Die Haushalte werden...

The overestimation of willingness-to-pay (WTP) in hypothetical responses is a wellknown finding in the literature. Various techniques have been proposed to remove or, at least, reduce this bias. Using responses from a panel of about 6,500 German households on their WTP for a variety of power...

This paper presents evidence that the accumulating cost of Germany’s ambitious plan to transform its system of energy provision – the so-called Energiewende – is butting up against consumers’ willingness-to-pay (WTP) for it. Following a descriptive presentation that traces the German...