| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28955 |
| 来源ID | Working Paper 28955 |
| Who Will Pay for Legacy Utility Costs? | |
| Lucas W. Davis; Catherine Hausman | |
| 发表日期 | 2021-06-28 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | The growing “electrify everything” movement aims to reduce carbon dioxide emissions by transitioning households and firms away from natural gas toward electricity. This paper considers what this transition means for the customers who are left behind. Using historical evidence from growing and shrinking U.S. natural gas utilities, we show that utilities add pipelines but rarely remove them, even when the customer base from which to recover costs is shrinking. Correspondingly, we find that utility revenues decrease less than one-for-one when a customer base is shrinking, consistent with higher bills for remaining customers. We then use our empirical estimates to predict how customer bills might increase in the future for different levels of building electrification. We highlight the equity implications of our results and conclude by discussing alternative utility financing options such as recouping fixed costs through taxes rather than prices. |
| 主题 | Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy ; Regional and Urban Economics ; Regional Economics |
| URL | https://www.nber.org/papers/w28955 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 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/586629 |
| 推荐引用方式 GB/T 7714 | Lucas W. Davis,Catherine Hausman. Who Will Pay for Legacy Utility Costs?. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28955.pdf（794KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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