Returns to Residential Energy Efficiency and Conservation Measures: A Field Experiment

Title:
Returns to Residential Energy Efficiency and Conservation Measures: A Field Experiment
Authors:
Suter, Jordan; Shammin, Md Rumi
Abstract:
Residential energy conservation is a key component of contemporary energy and climate change policy in the US and elsewhere. Comparisons of the relative effectiveness of measures aimed at reducing residential energy consumption are made challenging, however, by the endogeneity of technology and energy use decisions. In this paper we describe a novel small-scale field experiment that uses randomized treatments to estimate the returns to three types of energy conservation measures in institutionally owned homes. The results from the experiment indicate considerable reductions in natural gas consumption associated with the installation of attic insulation and the provision of incentives for conservation. The results are supported by observations of ambient indoor temperature data, which show that households receiving incentives significantly reduce their temperature settings—especially when coupled with access to a programmable thermostat. The study will ideally provide guidance for institutions and communities considering energy efficiency measures and for future researchers designing randomized experiments to study residential energy use.
Citation:
Suter, J., and M. Shammin. August 2013. “Returns to Residential Energy Efficiency and Conservation Measures: A Field Experiment.” EnergyPolicy 59: 551-561.
Publisher:
Elsevier
DATE ISSUED:
2013
Department:
Environmental Studies
Type:
Article
PUBLISHED VERSION:
10.1016/j.enpol.2013.04.003
PERMANENT LINK:
http://hdl.handle.net/11282/332458

Full metadata record

DC FieldValue Language
dc.contributor.authorSuter, Jordanen
dc.contributor.authorShammin, Md Rumien
dc.date.accessioned2014-10-09T12:03:52Zen
dc.date.available2014-10-09T12:03:52Zen
dc.date.issued2013en
dc.identifier.citationSuter, J., and M. Shammin. August 2013. “Returns to Residential Energy Efficiency and Conservation Measures: A Field Experiment.” EnergyPolicy 59: 551-561.en
dc.identifier.issn0301-4215en
dc.identifier.urihttp://hdl.handle.net/11282/332458en
dc.description.abstractResidential energy conservation is a key component of contemporary energy and climate change policy in the US and elsewhere. Comparisons of the relative effectiveness of measures aimed at reducing residential energy consumption are made challenging, however, by the endogeneity of technology and energy use decisions. In this paper we describe a novel small-scale field experiment that uses randomized treatments to estimate the returns to three types of energy conservation measures in institutionally owned homes. The results from the experiment indicate considerable reductions in natural gas consumption associated with the installation of attic insulation and the provision of incentives for conservation. The results are supported by observations of ambient indoor temperature data, which show that households receiving incentives significantly reduce their temperature settings—especially when coupled with access to a programmable thermostat. The study will ideally provide guidance for institutions and communities considering energy efficiency measures and for future researchers designing randomized experiments to study residential energy use.en
dc.language.isoen_USen
dc.publisherElsevieren
dc.identifier.doi10.1016/j.enpol.2013.04.003en
dc.subject.departmentEnvironmental Studiesen
dc.titleReturns to Residential Energy Efficiency and Conservation Measures: A Field Experimenten
dc.typeArticleen
dc.identifier.journalEnergyPolicyen
dc.subject.keywordEnergy efficiencyen
dc.subject.keywordField experimenten
dc.subject.keywordResidential energyen
dc.identifier.volume59en
dc.identifier.startpage551en
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