Replication data for: Are the Non-monetary Costs of Energy Efficiency Investments Large? Understanding Low Take-Up of a Free Energy Efficiency Program
Principal Investigator(s): View help for Principal Investigator(s) Meredith Fowlie; Michael Greenstone; Catherine Wolfram
Version: View help for Version V1
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Project Citation:
Fowlie, Meredith, Greenstone, Michael, and Wolfram, Catherine. Replication data for: Are the Non-monetary Costs of Energy Efficiency Investments Large? Understanding Low Take-Up of a Free Energy Efficiency Program. Nashville, TN: American Economic Association [publisher], 2015. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113360V1
Project Description
Summary:
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We document very low take-up of an energy efficiency program that is widely believed to be privately beneficial. Program participants receive a substantial home "weatherization" retrofit; all installation and equipment costs are covered by the program. Less than 1 percent of presumptively eligible households take up the program in the control group. This rate increased only modestly after we took extraordinary efforts to inform households—via multiple channels—about the sizable benefits and zero monetary costs. These findings are consistent with high non-monetary costs associated with program participation and/or energy efficiency investments.
Scope of Project
JEL Classification:
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D12 Consumer Economics: Empirical Analysis
Q41 Energy: Demand and Supply; Prices
Q48 Energy: Government Policy
D12 Consumer Economics: Empirical Analysis
Q41 Energy: Demand and Supply; Prices
Q48 Energy: Government Policy
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