Electricity Bill Savings and the Role of Energy Efficiency Improvements: A Case Study of Residential Solar Adopters in the USA
Abstract
This study measures the actual value of electricity bill savings for residential solar adopters and examines how decisions related to the timing and type of energy-efficiency improvements affect a solar adopter's electricity bill savings. Among different types of efficiency upgrades, solar adopters with an efficient heating/cooling system and efficient lighting have higher savings than those without. Among solar adopters who made certain efficiency improvements, those who upgraded efficiency a few months before or after installing solar panels have higher savings than those who upgraded over three years before installing solar panels.
Recommended Citation
Fikru, M. G. (2019). Electricity Bill Savings and the Role of Energy Efficiency Improvements: A Case Study of Residential Solar Adopters in the USA. Renewable and Sustainable Energy Reviews, pp. 124-132. Elsevier Ltd.
The definitive version is available at https://doi.org/10.1016/j.rser.2019.02.028
Department(s)
Economics
Keywords and Phrases
Efficiency; Housing; Public policy; Renewable energy resources; Solar cell arrays; Solar concentrators, Efficiency improvement; Electricity bill; Energy efficiency improvements; Heating and cooling systems; Photovoltaics; Private benefits; Renewable energies; Solar panels, Energy efficiency
International Standard Serial Number (ISSN)
1364-0321
Document Type
Article - Journal
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 2019 Elsevier Ltd, All rights reserved.
Publication Date
01 May 2019
