Energy-Efficiency Program Evaluations: Opportunities for Learning and Inputs to Incentive Mechanisms
AbstractWe analyze the evaluations of California energy-efficiency programs to assess the effectiveness of these evaluations in: 1) improving our understanding of their performance and 2) providing a check on utility incentives to overstate energy savings. We find that third-party evaluations are useful tools to achieve both ends because the programs largely did not meet their energy-savings projections, and the utility-reported savings estimates are systematically higher than the evaluated savings estimates. We also find evidence that the choice of the third-party evaluator was influential in determining the estimate of evaluated savings.
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Bibliographic InfoPaper provided by Resources For the Future in its series Discussion Papers with number dp-10-16.
Date of creation: 14 Apr 2010
Date of revision:
energy efficiency; third-party evaluation; energy-savings measurement;
Find related papers by JEL classification:
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
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- Lawrence C. Hamilton, 1992. "How Robust is Robust Regression?," Stata Technical Bulletin, StataCorp LP, vol. 1(2).
- Arik Levinson, 2013.
"California Energy Efficiency: Lessons for the Rest of the World, or Not?,"
gueconwpa~13-13-03, Georgetown University, Department of Economics.
- Arik Levinson, 2013. "California Energy Efficiency: Lessons for the Rest of the World, or Not?," NBER Working Papers 19123, National Bureau of Economic Research, Inc.
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