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The Effects of Information on Residential Demand for Electricity

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  • Isamu Matsukawa

Abstract

This paper measures the effects of information on residential demand for electricity, using data from a Japanese experiment. In the experiment, households had a continuous-display, electricity use monitoring device installed at their residence. The monitor was designed so that each consumer could easily look at graphs and tables associated with the consumer’s own usage of electricity at any time during the experiment. The panel data were used to estimate a random effects model of electricity and count data models of monitor usage. The results indicate that monitor usage contributed to energy conservation.

Suggested Citation

  • Isamu Matsukawa, 2004. "The Effects of Information on Residential Demand for Electricity," The Energy Journal, , vol. 25(1), pages 1-17, January.
    • Handle: RePEc:sae:enejou:v:25:y:2004:i:1:p:1-17
    DOI: 10.5547/ISSN0195-6574-EJ-Vol25-No1-1
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    1. Donald S. Kenkel & Joseph V. Terza, 2001. "The effect of physician advice on alcohol consumption: count regression with an endogenous treatment effect," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(2), pages 165-184.
    2. Richard J. Sexton & Terri A. Sexton & Joyce Jong-Wen Wann & Catherine L. Kling, 1989. "The Conservation and Welfare Effects of Information in a Time-of-Day Pricing Experiment," Land Economics, University of Wisconsin Press, vol. 65(3), pages 272-279.
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    More about this item

    Keywords

    Residential electricity demand; Japan; electricity prices; usage monitor; information;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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