Household appliance choice: revision of REEPS behavioral models. Final report
This report describes the analysis of household decisions to install space heating, central cooling, and water heating in new housing as well as decisions to own freezers and second refrigerators. This analysis was conducted as part of the enhancements to the Residential End-Use Energy Planning System (REEPS) under EPRI project RP1918-1. The empirical models used in this analysis were the multinomial logit and its generalization the nested logit. The choice model parameters were estimated statistically on national and regional survey data. The results show that capital and operating costs are significant determinants of appliance market penetrations, and the relative magnitudes of the cost coefficients imply discount rates ranging from 3.4 to twenty-one percent. Several tests were conducted to examine the temporal and geographical stability of the key parameters. The estimated parameters have been incorporated into the REEPS computer code. The revised version of REEPS is now available on a limited release basis to EPRI member utilities for testing on their system.
- Research Organization:
- Cambridge Systematics, Inc., Berkeley, CA (USA)
- OSTI ID:
- 5225907
- Report Number(s):
- EPRI-EA-3409; ON: DE84920242
- Country of Publication:
- United States
- Language:
- English
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