Residential demand for energy in light of changing solar prices

Rafael Bakhtavoryan, Vardges Hovhannisyan and Matt Woerman

Energy Economics, 2025, vol. 144, issue C

Abstract: The residential solar market has been growing steadily during the past decade, driven primarily by falling solar energy prices. This trend will indubitably continue into the near future, given the ever-improving solar panel energy-generating capacity and the resultant drop in solar energy costs. These unprecedented changes have major implications for solar energy consumption but also those of other energy sources and consumer welfare.

Keywords: Residential energy demand; GEASI demand system; Pre-committed energy consumption; Residential solar energy (search for similar items in EconPapers)
JEL-codes: D12 O13 Q41 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:144:y:2025:i:c:s0140988325001756

DOI: 10.1016/j.eneco.2025.108351

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