Facebook LinkedIn Twitter
Shop
Article Details

IAEE Members and subscribers to Economics of Energy & Environmental Policy : Please log in to access the full text article.

Do Consumers Want Smart Meters? Incentives or Inertia: Evidence from North Carolina and Lessons for Policy

Abstract:
In an effort to improve efficiency of electrical markets the U.S. government hopes to encourage changing household use patterns, such as dishwasher and clothes dryer use, to off-peak times. One strategy has been to subsidize the installation of smart meters. In addition the government has encouraged electrical energy conservation by providing incentives for energy saving technologies such as the purchase of energy star appliances or increased insulation in the home. Households have sometimes been slow to respond. Using a survey of public opinion, we explore which individuals are more likely to adopt energy saving technologies and smart meters. We also explore the incentives required to adopt smart meters in the home.
Purchase PDF ( $35 ) Purchase Ebook ( $35 )Keywords: Smart meters, Demand response, Energy conservation

DOI: 10.5547/2160-5890.3.1.pgro


Reference information is available for this article. Join IAEE or purchase the article to view reference data.


Published in Volume 3, Number 1 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.