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Price Effects of Energy-Efficient Technologies: A Study of Residential Demand for Heating and Cooling

Dubin, Jeffrey A. and Miedema, Allen K. and Ramachandran, V. (1984) Price Effects of Energy-Efficient Technologies: A Study of Residential Demand for Heating and Cooling. Social Science Working Paper, 548. California Institute of Technology , Pasadena, CA. (Unpublished)

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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.

Item Type:Report or Paper (Discussion Paper)
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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.
Group:Social Science Working Papers
Funding AgencyGrant Number
Florida Power and Light CompanyUNSPECIFIED
Subject Keywords:Electricity, Cooling, Electrical engineering, Electric heating, Household appliances, Heating, Heat pumps, Technology, Energy conservation, Billing
Series Name:Social Science Working Paper
Issue or Number:548
Record Number:CaltechAUTHORS:20170918-155414017
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:81547
Deposited By: Jacquelyn Bussone
Deposited On:19 Sep 2017 16:33
Last Modified:03 Oct 2019 18:44

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