Impacts of US federal energy efficiency standards for residential appliances
This study estimated energy, environmental, and consumer impacts of US federal residential energy efficiency standards taking effect in the 1988–2007 period. These standards have been the subject of in-depth analyses conducted as part of the US Department of Energy’s (DOE’s) standards rulemaking process. This study drew on those analyses, but updated key data and developed a common framework and assumptions for all of the products. We estimate that the considered standards will reduce residential primary energy consumption and carbon dioxide (CO2) emissions by 8–9% in 2020 compared to the levels expected without any standards. The standards will save a cumulative total of 26–32 EJ (25–30 quads) by the year 2015, and 63 EJ (60 quads) by 2030. The estimated cumulative net present value of consumer benefit amounts to nearly US$80 billion by 2015, and grows to US$130 billion by 2030. The overall benefit/cost ratio of cumulative consumer impacts in the 1987–2050 period is 2.75:1. The cumulative cost of the DOE’s program to establish and implement the standards is in the range of US$200–US$250 million.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Greening, Lorna A & Sanstad, Alan H & McMahon, James E, 1997. "Effects of Appliance Standards on Product Price and Attributes: An Hedonic Pricing Model," Journal of Regulatory Economics, Springer, vol. 11(2), pages 181-94, March.
When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:28:y:2003:i:8:p:755-767. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.