Increased energy prices: energy savings and equity aspects. Final report

Technical Report · Wed Jun 01 04:00:00 EDT 1983

OSTI ID:5112832

Herendeen, R A

A mathematical model has been developed which approximates the reduction in a household's total energy consumption in response to higher energy prices and different rebate schemes. This model is based on the assumption that energy consumption is a function of a household's real income, prices of different commodities and energy intensities. The amount of energy saved and the change in real expenditure of a household has been calculated for four tax rates; 50%, 100%, 224% and 400%, and five rebate schemes; one regressive, two progressive, one income distribution preserving and the flat per capita rebate. The results indicate that, for a given tax rate, the choice of rebate scheme does not significantly affect the amount of energy conserved by the households. However, the effect of different rebate schemes on a household's real expenditure could be dramatically different.

• Research Organization: Illinois Univ., Urbana (USA). Dept. of Forestry
• DOE Contract Number: AC01-81EI11434
• OSTI ID: 5112832
• Report Number(s): DOE/EI/11434-T1; ON: DE84009377
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
530100 -- Environmental-Social Aspects of Energy Technologies-- Social & Economic Studies-- (-1989)
COMPARATIVE EVALUATIONS
DATA
DATA ANALYSIS
DATA COMPILATION
DECISION MAKING
ECONOMIC ELASTICITY
ECONOMIC POLICY
ENERGY CONSERVATION
ENERGY CONSUMPTION
ENERGY POLICY
FINANCIAL INCENTIVES
GOVERNMENT POLICIES
HOUSEHOLDS
INFORMATION
NUMERICAL DATA
PRICES
RESIDENTIAL SECTOR
SOCIAL IMPACT
TAXES