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U.S. Department of Energy
Office of Scientific and Technical Information

Standby Conservation Plan No. 3: Emergency advertising lighting restrictions. Economic analysis

Technical Report ·
OSTI ID:6406468
This report analyzes the potential economic impacts of the Emergency Advertising Lighting Restrictions Plan. The on-premise signs located within the confines of a business and off-premise located outside the confines of a business are affected. Illuminated signs essential to direct customers to an open business by identifying it and/or to inform customers of a product or service supplied by the open business are not restricted. The economic impact of implementing this plan is evaluated by first estimating the amount of petroleum saved by the lighting restrictions and to evaluate the economic impacts that would result. The amount of oil that could be diverted to other uses by implementation of this plan is estimated in Chapter 2, and amounts to about 4,000 barrels per day (the period analyzed is the fourth quarter of 1980 through the third quarter of 1981). Redistribution of petroleum saved by this measure is expected to result in small increases in GNP, personal consumption, and employment. The effects on inflation are negligible. Economic impacts for the businesses are evaluated in Chapter 3. Costs of implementing the measure are estimated to be about $3.1 million, including the cost of reimbursing the states for functions delegated to them. (MCW)
Research Organization:
Department of Energy, Washington, DC (USA). Economic Regulatory Administration
OSTI ID:
6406468
Report Number(s):
DOE/ERA-0050
Country of Publication:
United States
Language:
English