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来源类型Working Paper
规范类型报告
DOI10.3386/w27263
来源IDWorking Paper 27263
Breaking Routine for Energy Savings: An Appliance-level Analysis of Small Business Behavior under Dynamic Prices
Jiyong Eom; Frank A. Wolak
发表日期2020-06-01
出版年2020
语种英语
摘要Small businesses are typically committed to providing a positive customer experience and therefore may exhibit a response to dynamic electricity prices different from residential or industrial customers. We conduct a field experiment to determine the extent to which small businesses respond through re-configuration of typical routines throughout the experiment period versus through adjustments to specific dynamic pricing events. Using a customer-level survey of appliance ownership, we estimate the hourly response patterns of individual appliances to participation in the experiment versus individual dynamic pricing events. Consistent with our re-configuration hypothesis, small businesses primarily curtail electricity usage throughout the experiment period, although we also find a small imprecisely estimated response to dynamic pricing events on top of the re-configuration effect. Appliances not critical to a positive customer experience such as dish dryers, food storage units, lights, electric motors & pumps, and industrial heaters are the major sources of the energy savings from the re-configuration actions of these small businesses.
主题Environmental and Resource Economics ; Energy
URLhttps://www.nber.org/papers/w27263
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/584934
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Jiyong Eom,Frank A. Wolak. Breaking Routine for Energy Savings: An Appliance-level Analysis of Small Business Behavior under Dynamic Prices. 2020.
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