Household`s choices of efficiency levels for appliances: Using stated- and revealed-preference data to identify the importance of rebates and financing arrangements
- Univ. of California, Berkeley, CA (United States)
- Cambridge Systematics, Inc., MA (United States)
We examine customers` choice between standard and high-efficiency equipment, and the impact of utility incentives such as rebates and loans on this decision. Using data from interviews with 400 households, we identify the factors that customers consider in their choice of efficiency level for appliances and the relative importance of these factors. We build a model that describes customers` choices and can be used to predict choices in future situations under changes in the attributes of appliances and in the utility`s DSM and as part of the appliance-choice component of utilities` end-use forecasting systems. As examples, the model is used to predict the impacts of: doubling the size of rebates, replacing rebates with financing programs, and offering loans and rebates as alternative options for customers.
- Research Organization:
- Electric Power Research Inst., Palo Alto, CA (United States); Synergic Resources Corp., Bala-Cynwyd, PA (United States)
- OSTI ID:
- 102726
- Report Number(s):
- EPRI-TR--104558
- Country of Publication:
- United States
- Language:
- English
Similar Records
Analysis of household appliance choice. Final report
Rebates push sales of efficient appliances