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Realized Savings from Residential Conservation Activity

Author

Listed:
  • Frederick D. Sebold
  • Eric W. Fox

Abstract

A variety of public and private incentives are currently used to encourage the adoption of conservation measures and practices. One economic justification for these programs is that the marginal cost of conserving energy through these incentives is lower than the corresponding incremental cost of providing energy through conventional means. Naturally, the marginal cost of conserving energy is critically dependent on the actual, or realized, energy savings associated with the adoption of specific measures and practices. Our contention is that the standard approach to estimating these savings is inadequate.

Suggested Citation

  • Frederick D. Sebold & Eric W. Fox, 1985. "Realized Savings from Residential Conservation Activity," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 73-88.
    • Handle: RePEc:aen:journl:1985v06-02-a06
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    Cited by:

    1. Gilbert E. Metcalf & Kevin A. Hassett, 1999. "Measuring The Energy Savings From Home Improvement Investments: Evidence From Monthly Billing Data," The Review of Economics and Statistics, MIT Press, vol. 81(3), pages 516-528, August.
    2. Todd D. Gerarden & Richard G. Newell & Robert N. Stavins & Robert C. Stowe, 2015. "An Assessment of the Energy-Efficiency Gap and Its Implications for Climate Change Policy," Working Papers 2015.28, Fondazione Eni Enrico Mattei.
    3. Joshua Graff Zivin & Kevin Novan, 2016. "Upgrading Efficiency and Behavior: Electricity Savings from Residential Weatherization Programs," The Energy Journal, , vol. 37(4), pages 1-24, October.
    4. Anderson, Soren T. & Newell, Richard G., 2004. "Information programs for technology adoption: the case of energy-efficiency audits," Resource and Energy Economics, Elsevier, vol. 26(1), pages 27-50, March.
    5. Kenneth Gillingham & Richard G. Newell & Karen Palmer, 2009. "Energy Efficiency Economics and Policy," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 597-620, September.
    6. Pride, Dominique & Little, Joseph & Mueller-Stoffels, Marc, 2018. "The value of residential energy efficiency in interior Alaska: A hedonic pricing analysis," Energy Policy, Elsevier, vol. 123(C), pages 450-460.
    7. Murphy, Rose & Jaccard, Mark, 2011. "Energy efficiency and the cost of GHG abatement: A comparison of bottom-up and hybrid models for the US," Energy Policy, Elsevier, vol. 39(11), pages 7146-7155.
    8. Brunner, Eric J. & Ford, Peter S. & McNulty, Mark A. & Thayer, Mark A., 2010. "Compact fluorescent lighting and residential natural gas consumption: Testing for interactive effects," Energy Policy, Elsevier, vol. 38(3), pages 1288-1296, March.

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    JEL classification:

    • F0 - International Economics - - General

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