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The timing of payment can enhance salience, making customers more price-responsive when paying before consumption rather than after. This study examines Indonesia’s nationwide switch to prepaid electricity metering, impacting over 40 million households. We find that prepaid metering users are...
Persistent link: https://www.econbiz.de/10015178416
The timing of payment can enhance salience, making customers more price-responsive when paying before consumption rather than after. This study examines Indonesia's nationwide switch to prepaid electricity metering, impacting over 40 million households. We find that prepaid metering users are...
Persistent link: https://www.econbiz.de/10015168598
Persistent link: https://www.econbiz.de/10011787906
Energy intensity in the OECD manufacturing sector has been falling since the oil crises in the 1970s. Studies in energy intensity identified that spatial considerations are important, and there exists a great deal of heterogeneity in energy intensities amongst countries and sectors. This paper...
Persistent link: https://www.econbiz.de/10013024176
How do private consumers adapt to changes to energy prices, in particular do they invest in energy-saving measures? We study this question in the context of the rapid rise in energy prices caused by the Russian invasion of Ukraine in February 2022 and the demand for energy efficiency in the UK...
Persistent link: https://www.econbiz.de/10013547712
How do private consumers adapt to changes to energy prices, in particular do they invest in energy-saving measures? We study this question in the context of the rapid rise in energy prices caused by the Russian invasion of Ukraine in February 2022 and the demand for energy efficiency in the UK...
Persistent link: https://www.econbiz.de/10014260823
The Russian invasion of Ukraine in 2022 triggered an energy crisis in Germany, with consumer energy prices skyrocketing over the course of the year. Due to concerns about gas shortages, various programs aimed at reducing consumption were set up and the German Federal Government and numerous...
Persistent link: https://www.econbiz.de/10015420389
Fluctuations in retail energy prices may incentivize domestic households to adapt their load pattern in order to minimize the cost of electricity. This paper determines the price volatility necessary for automatic load shifting to cover the cost of the associated smart metering within a...
Persistent link: https://www.econbiz.de/10014082558
We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the price elasticity of energy demand and the marginal propensity to consume (MPC) after paying the energy bill. We find that the price elasticity is significantly larger for price...
Persistent link: https://www.econbiz.de/10013473647
Persistent link: https://www.econbiz.de/10012007273