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The cost of energy efficiency programs: Estimates from utility-reported datasets

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  • Knight, Patrick
  • Biewald, Bruce
  • Takahashi, Kenji

Abstract

Electric utilities and state regulators increasingly rely on energy efficiency to meet energy needs. However, in many jurisdictions, the cost-effectiveness of energy efficiency is still debated. Previous estimates of the cost of saved energy have relied on studies of limited program portfolios, or analysis of datasets that are proprietary, not easily verified, or outdated.

Suggested Citation

  • Knight, Patrick & Biewald, Bruce & Takahashi, Kenji, 2022. "The cost of energy efficiency programs: Estimates from utility-reported datasets," Energy, Elsevier, vol. 239(PE).
  • Handle: RePEc:eee:energy:v:239:y:2022:i:pe:s0360544221026979
    DOI: 10.1016/j.energy.2021.122448
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    References listed on IDEAS

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    1. Kenneth Gillingham & Karen Palmer, 2014. "Bridging the Energy Efficiency Gap: Policy Insights from Economic Theory and Empirical Evidence," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(1), pages 18-38, January.
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    3. Toshi H. Arimura, Shanjun Li, Richard G. Newell, and Karen Palmer, 2012. "Cost-Effectiveness of Electricity Energy Efficiency Programs," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    4. Charles A. Goldman & Ian Hoffman & Sean Murphy & Natalie Mims Frick & Greg Leventis & Lisa Schwartz, 2020. "The Cost of Saving Electricity: A Multi-Program Cost Curve for Programs Funded by U.S. Utility Customers," Energies, MDPI, vol. 13(9), pages 1-19, May.
    5. Meredith Fowlie & Michael Greenstone & Catherine Wolfram, 2018. "Do Energy Efficiency Investments Deliver? Evidence from the Weatherization Assistance Program," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(3), pages 1597-1644.
    6. Allcott, Hunt, 2011. "Social norms and energy conservation," Journal of Public Economics, Elsevier, vol. 95(9-10), pages 1082-1095, October.
    7. Hoffman, Ian M. & Goldman, Charles A. & Rybka, Gregory & Leventis, Greg & Schwartz, Lisa & Sanstad, Alan H. & Schiller, Steven, 2017. "Estimating the cost of saving electricity through U.S. utility customer-funded energy efficiency programs," Energy Policy, Elsevier, vol. 104(C), pages 1-12.
    8. Hunt Allcott & Todd Rogers, 2014. "The Short-Run and Long-Run Effects of Behavioral Interventions: Experimental Evidence from Energy Conservation," American Economic Review, American Economic Association, vol. 104(10), pages 3003-3037, October.
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    Cited by:

    1. Sean Murphy & Natalie Mims Frick, 2023. "Estimating the Drivers of the Cost of Saved Electricity in Utility Customer-Funded Energy Efficiency Programs," Energies, MDPI, vol. 16(5), pages 1-15, February.
    2. Jafari, Hamed & Safarzadeh, Soroush & Azad-Farsani, Ehsan, 2022. "Effects of governmental policies on energy-efficiency improvement of hydrogen fuel cell cars: A game-theoretic approach," Energy, Elsevier, vol. 254(PC).

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