Measuring the impact of residential conservation. Volume 2. An econometric analysis of Portland Genral Electric Company data. Final report
Technical Report
·
OSTI ID:6367319
A method is developed using utility data on residential conservation programs to evaluate their effectiveness. The research presented is designed to accomplish the following: (1) Describe, in detail, the type of utility data required to formally model conservation program effects; (2) Specify and estimate a set of formal relationships to model conservation program effects; and (3) Illustrate how one can employ these analytical tools to evaluate particular conservation programs. The conservation program effects models that are developed and estimated under this assignment focus on the following decisions: the decision to participate in a utility sponsored audit program; the decision to participate in a zero-interest loan program to defray conservation investment costs; the decision to undertake particular conservation actions or combinations of actions; and the decision to alter equipment use in conservation program participation. The economic specifications used to estimate these decisions are probabilistic choice models (binomial logit and multinomial logit) and conditional demand analysis. Full implementation of the model components involves integrating each of the individual models in order to quantify the impact of particular conservation programs and assess the resulting change in electricity consumption.
- Research Organization:
- Little (Arthur D.), Inc., San Francisco, CA (USA)
- OSTI ID:
- 6367319
- Report Number(s):
- EPRI-EA-3606-Vol.2; ON: TI85920074
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
AUDITS
ECONOMETRICS
ECONOMICS
ELECTRIC UTILITIES
ENERGY AUDITS
ENERGY CONSERVATION
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
PUBLIC UTILITIES
RESIDENTIAL SECTOR
WEATHERIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
AUDITS
ECONOMETRICS
ECONOMICS
ELECTRIC UTILITIES
ENERGY AUDITS
ENERGY CONSERVATION
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
PUBLIC UTILITIES
RESIDENTIAL SECTOR
WEATHERIZATION