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The Demand for Insulation-A Study in the Household Demand for Conservation

Abstract:
This paper presents my effort to provide the means of estimating a major ingredient of the demand for conservation-namely, home insulation. A detailed account of the effort and its motivation can be found in Khazzoom (1984, 1986a). The demand relationships of this model provide one block (out of three) in a jointly determined system of demand relationships: demand for electricity, demand for insulation, and demand for efficient appliances. The study is pitched toward the service-area level. I estimated a model of the household demand for insulation in the Sacramento Municipal Utility District's (SMUD's) service area, which has a population of over 760,000.

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Energy Specializations: Energy Efficiency

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q40: Energy: General, Q21: Renewable Resources and Conservation: Demand and Supply; Prices, Q20: Renewable Resources and Conservation: General, Q35: Hydrocarbon Resources, C58: Financial Econometrics, C51: Model Construction and Estimation

Keywords: Home insulation, energy conservation, Electricity demand, appliances, SMUD service area

DOI: 10.5547/ISSN0195-6574-EJ-Vol8-No3-4

Published in Volume 8, Number 3 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

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