This paper attempts to measure the benefits of information about efficient usage of electric appliances consumers receive through energy conservation, using data from a Japanese experiment. In the experiment, households could easily obtain information on how to achieve efficient usage of electric appliances through a display installed at their residence. The data were used to estimate a utility-consistent, discrete−continuous model of display usage and electricity demand. Full information maximum likelihood estimates of a translog indirect utility function and electricity cost share function indicate that information provision contributed to energy conservation and to welfare improvements of consumers in the experiment.
"HOW DOES INFORMATION PROVISION AFFECT RESIDENTIAL ENERGY CONSERVATION? EVIDENCE FROM A FIELD EXPERIMENT,"
Energy Studies Review:
1, Article 1.
Available at: http://digitalcommons.mcmaster.ca/esr/vol18/iss1/1