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The Importance of Technology and Fuel Choice in the Analysis of Utility-Sponsored Conservation Strategies for Residential Water Heating

State-of-the-art residential energy demand models explicitly address consumer choices concerning fuels and fuel-using equipment (Arthur D. Little, Inc., 1981; Cambridge Systematics, Inc., 1981; Hartman, 1979, 1982a, b; Hartman and Wallace, 1982; Hausman, 1979; Hirst and Carney, 1978). However, these residential models have focused primarily on the measurement of conditional fuel demand and the analysis of fuel choice. One of their weaknesses is the incomplete treatment of technology choice.

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Energy Specializations: Energy Efficiency; Electricity – Policy and Regulation

JEL Codes:
Q55 - Environmental Economics: Technological Innovation
E60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Keywords: Electric utilities, DSM programs, Energy conservation, Residential water heating

DOI: 10.5547/ISSN0195-6574-EJ-Vol5-No3-7

Published in Volume 5, Number 3 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.