G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14954
DP14954 Disaggregate Consumption Feedback and Energy Conservation
Andreas Gerster; Mark Andor; Lorenz Götte
发表日期2020-06-28
出版年2020
语种英语
摘要Novel information technologies hold the promise to improve decision making. In the context of smart metering, we investigate the impact of providing households with appliance-level electricity feedback. In a randomized controlled trial, we find that the provision of appliance-level feedback creates a conservation effect of an additional 5% relative to a group receiving standard (aggregate) feedback. These conservation effects are largely driven by reductions in electricity use of 10% to 15% during peak hours. Consumers with appliance-level feedback hold more accurate beliefs about the energy consumption of different appliances, consistent with the mechanism in our accompanying model. Our result suggests that conservation effects from a smart-meter rollout will be much larger if appliance-level feedback can be provided. Based on a sufficient statistics approach, we estimate that appliance-level feedback could raise consumer surplus by about 570 to 600 million Euro per annum for German households.
主题Public Economics
关键词Randomized controlled trial Disaggregation Consumption feedback Energy conser- vation
URLhttps://cepr.org/publications/dp14954
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543899
推荐引用方式
GB/T 7714
Andreas Gerster,Mark Andor,Lorenz Götte. DP14954 Disaggregate Consumption Feedback and Energy Conservation. 2020.
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