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来源类型Working Paper
规范类型报告
DOI10.3386/w14429
来源IDWorking Paper 14429
Does Daylight Saving Time Save Energy? Evidence from a Natural Experiment in Indiana
Matthew J. Kotchen; Laura E. Grant
发表日期2008-10-21
出版年2008
语种英语
摘要The history of Daylight Saving Time (DST) has been long and controversial. Throughout its implementation during World Wars I and II, the oil embargo of the 1970s, consistent practice today, and recent extensions, the primary rationale for DST has always been to promote energy conservation. Nevertheless, there is surprisingly little evidence that DST actually saves energy. This paper takes advantage of a natural experiment in the state of Indiana to provide the first empirical estimates of DST effects on electricity consumption in the United States since the mid-1970s. Focusing on residential electricity demand, we conduct the first-ever study that uses micro-data on households to estimate an overall DST effect. The dataset consists of more than 7 million observations on monthly billing data for the vast majority of households in southern Indiana for three years. Our main finding is that -- contrary to the policy's intent -- DST increases residential electricity demand. Estimates of the overall increase are approximately 1 percent, but we find that the effect is not constant throughout the DST period. DST causes the greatest increase in electricity consumption in the fall, when estimates range between 2 and 4 percent. These findings are consistent with simulation results that point to a tradeoff between reducing demand for lighting and increasing demand for heating and cooling. We estimate a cost of increased electricity bills to Indiana households of $9 million per year. We also estimate social costs of increased pollution emissions that range from $1.7 to $5.5 million per year. Finally, we argue that the effect is likely to be even stronger in other regions of the United States.
主题Public Economics ; Public Goods ; Environmental and Resource Economics ; Energy ; Environment
URLhttps://www.nber.org/papers/w14429
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/572104
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Matthew J. Kotchen,Laura E. Grant. Does Daylight Saving Time Save Energy? Evidence from a Natural Experiment in Indiana. 2008.
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