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The Behavior of the Market for Energy Efficiency in Residential Appliances Including Heating and Cooling Equipment

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  • Henry Ruderman
  • Mark D. Levine
  • James E. McMahon

Abstract

Our paper provides a quantitative analysis of market behavior for the purchase of energy efficiency in residential appliances and heating and cooling equipment. Accurate forecasts of residential energy use require quantitative assessments of market decisions about energy efficiency. The results of our investigation of market behavior can lead to a better understanding of the barriers to investment in energy conservation. Understanding market behavior over time is a prerequisite to an evaluation of the need for and the importance of policies to promote energy efficiency.

Suggested Citation

  • Henry Ruderman & Mark D. Levine & James E. McMahon, 1987. "The Behavior of the Market for Energy Efficiency in Residential Appliances Including Heating and Cooling Equipment," The Energy Journal, , vol. 8(1), pages 101-124, July.
    • Handle: RePEc:sae:enejou:v:8:y:1987:i:1:p:101-124
    DOI: 10.5547/ISSN0195-6574-EJ-Vol8-No1-7
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    References listed on IDEAS

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    1. Dermot Gately, 1980. "Individual Discount Rates and the Purchase and Utilization of Energy-Using Durables: Comment," Bell Journal of Economics, The RAND Corporation, vol. 11(1), pages 373-374, Spring.
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    1. Gillingham, Kenneth T. & Watten, Asa, 2024. "How is rooftop solar capitalized in home prices?," Regional Science and Urban Economics, Elsevier, vol. 107(C).

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