Published September 19, 2017
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Price Effects of Energy-Efficient Technologies: A Study of Residential Demand for Heating and Cooling
Abstract
This paper applies a mixed engineering and econometric model to empirically analyze behavioral interaction with new energy-efficient appliances and thermal improvements. The hypothesis is that energy efficient technologies lower the effective price of the services they provide and consequently reduce electricity consumption by smaller amounts than would be anticipated in engineering estimates. The approach incorporates prior engineering knowledge about the interactive effects of weather, appliance efficiencies, and thermal integrity of dwellings to explore treatment groups in an experiment conducted in Florida.
Additional Information
This research was funded by Florida Power and Light Company. The authors want to thank W. Bentley, J. Evelyn, W. Davis, and K. Tang of FPL for their helpful review and support. Published as Dubin, Jeffrey A., Allen K. Miedema, and Ram V. Chandran. "Price effects of energy-efficient technologies: a study of residential demand for heating and cooling." The RAND Journal of Economics (1986): 310-325.Attached Files
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Additional details
- Eprint ID
- 81547
- Resolver ID
- CaltechAUTHORS:20170918-155414017
- Florida Power and Light Company
- Created
-
2017-09-19Created from EPrint's datestamp field
- Updated
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2019-10-03Created from EPrint's last_modified field
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 548