A growing number of policies and programs aim to increase investment in energy efficiency, because conventional wisdom suggests that people fail to take-up these investments even though they have positive private returns and generate environmental benefits. Many explanations for this energy...

In the United States, consumers invest billions of dollars annually in energy efficiency, often on the assumption that these investments will pay for themselves via future energy cost reductions. We study energy efficiency upgrades in K-12 schools in California. We develop and implement a novel...