G2TT
来源类型Working papers
规范类型论文
DOI10.3929/ethz-a-010265922
How Effective Are Energy-Efficiency Incentive Programs? Evidence from Italian Homeowners
Alberini, Anna; Bigano, Andrea
发表日期2014-11
出版者Eidgenössische Technische Hochschule Zürich
出版年2014
语种英语
摘要paper submitted to the 2014 WCERE Congress, Istanbul, University of Maryland, College Park, January. 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.
主题INVESTMENT INCENTIVE (ECONOMIC POLICY) ; Residential energy consumption ; Adverse selection ; BUSINESS EFFICIENCY ; CO2 emissions reductions ; HEATING APPLIANCES + HEATING INSTALLATIONS + HEATING SYSTEMS (FIRING ENGINEERING) ; GLOBAL CHANGE + GLOBAL WARMING (CLIMATOLOGY) ; GLOBAL CHANGE + KLIMAERWÄ ; RMUNG (KLIMATOLOGIE) ; HEIZAPPARATE + HEIZANLAGEN + HEIZSYSTEME (FEUERUNGSKUNDE) ; CO2 emissions reductions supply curves ; ITALIEN (SÜ ; DEUROPA). REPUBLIK ITALIEN ; ENERGIEVERSORGUNG (ENERGIETECHNIK) ; Energy-efficiency incentives ; ITALY (SOUTH EUROPE). REPUBLIC OF ITALY ; ENERGY SUPPLY (ENERGY TECHNOLOGY) ; BETRIEBSEFFIZIENZ ; INVESTITIONSANREIZE (WIRTSCHAFTSPOLITIK) ; Free riding ; Stated Preferences
URLhttps://www.research-collection.ethz.ch/handle/20.500.11850/93409
来源智库Centre for Energy Policy and Economics (Switzerland)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/266743
推荐引用方式
GB/T 7714
Alberini, Anna,Bigano, Andrea. How Effective Are Energy-Efficiency Incentive Programs? Evidence from Italian Homeowners. 2014.
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