G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
How Effective Are Energy-Efficiency Incentive Programs? Evidence from Italian Homeowners
Anna Alberini; Andrea Bigano
发表日期2014
出处Energy: Resources and Markets
出版年2014
语种英语
摘要We evaluate incentives for residential energy upgrades in Italy using data from an original survey of Italian homeowners. In this paper, attention is restricted to heating system replacements, and to the effect of monetary and non-monetary incentives on the propensity to replace the heating equipment with a more efficient one. To get around adverse selection and free riding issues, we ask stated preference questions to those who weren’t planning energy efficiency upgrades any time soon. We argue that these persons are not affected by these behaviors. We use their responses to fit an energy-efficiency renovations curve that predicts the share of the population that will undertake these improvements for any given incentive level. This curve is used to estimate the CO2 emissions saved and their cost-effectiveness. Respondents are more likely to agree to a replacement when the savings on the energy bills are larger and experienced over a longer horizon, and when rebates are offered to them. Reminding about CO2 (our non-monetary incentive) had little effect. Even under optimistic assumptions, the cost-effectiveness of incentives of size comparable to that in the Italian tax credit program is generally not favorable. *** Suggested citation: Anna Alberini, Andrea Bigano, How effective are energy-efficiency incentive programs? Evidence from Italian homeowners, Energy Economics, Volume 52, Supplement 1, December 2015, Pages S76-S85, ISSN 0140-9883, http://dx.doi.org/10.1016/j.eneco.2015.08.021.
特色分类Q41;Q48;Q54;Q51
关键词Energy-efficiency Incentives Free Riding Adverse Selection Stated Preferences CO2 Emissions Reductions CO2 emissions Reductions Supply Curves Residential Energy Consumption
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/how-effective-are-energy-efficiency-incentive-programs-evidence-from-italian-homeowners/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/118233
推荐引用方式
GB/T 7714
Anna Alberini,Andrea Bigano. How Effective Are Energy-Efficiency Incentive Programs? Evidence from Italian Homeowners. 2014.
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