Empirical evidence of utility sponsored conservation programs

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dc.contributor.authorShay, Colin Geralden
dc.contributor.departmentEconomicsen
dc.date.accessioned2014-03-14T21:52:30Zen
dc.date.adate2009-12-23en
dc.date.available2014-03-14T21:52:30Zen
dc.date.issued1996en
dc.date.rdate2009-12-23en
dc.date.sdate2009-12-23en
dc.description.abstractUtility sponsored conservation programs encourage participants to consume less energy. One of the most popular methods used to achieve this is to offer monetary rebates to purchasers of high-efficiency appliances. The costs of these conservation programs are then passed-on to all customers as increased energy prices. Economic theory predicts that the income and substitution affects should decrease the consumption of non-participants in the programs and may increase the consumption of participants. Recent claims in the literature argue that the standard net benefit tests used to evaluate these programs fail to incorporate the full impact of the income and substitution affects. Relying on these theoretical arguments, new evaluation techniques, referred to as Net Economic Benefits (NEB) tests, are being introduced as solutions to this problem. Using the actual experience of a natural gas utility, this thesis analyzed the need for NEB evaluations. The results show that the price of gas is not a significant factor in determining household gas consumption. Therefore, empirical evidence cannot support the NEB claims. The evidence does show that, on an average annual basis, participants are consuming less than non-participants.en
dc.description.degreeMaster of Artsen
dc.format.extentvi, 45 leavesen
dc.format.mediumBTDen
dc.format.mimetypeapplication/pdfen
dc.identifier.otheretd-12232009-020659en
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-12232009-020659/en
dc.identifier.urihttp://hdl.handle.net/10919/46418en
dc.language.isoenen
dc.publisherVirginia Techen
dc.relation.haspartLD5655.V855_1996.S539.pdfen
dc.relation.isformatofOCLC# 35332695en
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectdemand-side managementen
dc.subjectLeast Cost Planningen
dc.subjecthome heatingen
dc.subjectenergy consumptionen
dc.subjectenergy demanden
dc.subjectconservationen
dc.subject.lccLD5655.V855 1996.S539en
dc.titleEmpirical evidence of utility sponsored conservation programsen
dc.typeThesisen
dc.type.dcmitypeTexten
thesis.degree.disciplineEconomicsen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.levelmastersen
thesis.degree.nameMaster of Artsen

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