Solar adoption and the decisive role of the feed-in tariff policy

Luan Thanh Nguyen, Shyama Ratnasiri, Liam Wagner, Dan The Nguyen and Nicholas Rohde

Economics Letters, 2023, vol. 227, issue C

Abstract: Rooftop solar energy is a key piece of infrastructure in lowering carbon emissions. In this paper, we use survival analysis to study the effects of a feed-in tariff (FIT) policy on installation rates. We show that the option to resell domestic solar energy to the grid dramatically increases the total amount of home solar uptake and exponentially speeds up the adoption rate.

Keywords: Solar power; Renewable energy; Consumer behavior; Rooftop solar; Survival analysis; Residential electricity (search for similar items in EconPapers)
JEL-codes: O13 P28 Q42 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:227:y:2023:i:c:s0165176523001544

DOI: 10.1016/j.econlet.2023.111129

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