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Feasibility of zero residential energy growth

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  • Hirst, Eric
  • Carney, Janet
  • O'Neal, Dennis

Abstract

This paper examines the effects of government regulatory, incentive and research programs on residential energy use and household economics during the 1977–2000 period. The basis for these evaluations is a detailed engineering-economic model of residential energy use developed at ORNL. Results of these analyses suggest that future trends in residential energy use are subject to considerable control. Estimates of energy use in the year 2000 vary by 50%. A judicious combination of government regulations (appliance efficiency standards, thermal standards for construction of new residences), incentives for weatherization of existing homes and research and development to produce new technologies can yield a future in which residential energy use in the year 2000 is at roughly the present level. Such a combined program can also provide large economic benefits to households: the reduction in the present worth (at a real interest rate of 8%) of fuel bills between now and 2000 could exceed the extra costs of more efficient equipment and structures by $60 billion.

Suggested Citation

  • Hirst, Eric & Carney, Janet & O'Neal, Dennis, 1978. "Feasibility of zero residential energy growth," Energy, Elsevier, vol. 3(4), pages 427-438.
    • Handle: RePEc:eee:energy:v:3:y:1978:i:4:p:427-438
    DOI: 10.1016/0360-5442(78)90004-X
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