The effect of descriptive information provision on electricity consumption: Experimental evidence from Lithuania
Studies on the effects of information provision on residential energy use conclude that such information can promote households' energy-saving investments and conservation behavior. However, most of these studies are conducted in the U.S. or in other OECD countries, where households, on average...
Gespeichert in:
Veröffentlicht in: | Energy economics 2021-12, Vol.104, p.105687, Article 105687 |
---|---|
Hauptverfasser: | , , |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
Zusammenfassung: | Studies on the effects of information provision on residential energy use conclude that such information can promote households' energy-saving investments and conservation behavior. However, most of these studies are conducted in the U.S. or in other OECD countries, where households, on average, are richer and consume more electricity. This study evaluates the effect of descriptive information provision on residential electricity consumption in a less wealthy OECD country – Lithuania. By using a randomized experiment, we find that the availability of descriptive hourly electricity information provided on web portals reduces electricity consumption by about 8.6%. This effect is equivalent to an annual energy saving of 241 kWh per household. The effect is more pronounced for households with high energy consumption, living in rural areas and detached houses.
•Descriptive information affects energy conservation in less wealthy OECD countries.•Information provided on web portals reduces electricity use by about 8.6%.•The effect is more pronounced for households with high energy consumption. |
---|---|
ISSN: | 0140-9883 1873-6181 |
DOI: | 10.1016/j.eneco.2021.105687 |