Decoupling and demand-side management: Evidence from the US electric industry
Energy Policy, 2019, vol. 132, issue C, 175-184
This paper examines the impact of revenue decoupling policies on energy efficiency spending by electric utility companies in the US. I identify this impact by using the variation in the implementation of decoupling measures over time and across utility companies in the US. Using individual utility-level data between 2007 and 2011 from the US Energy Information Administration on energy efficiency spending and other utility characteristics I find that decoupled utilities spend, on average, about $16 per customer more on energy efficiency than utilities that have not been decoupled. Therefore, given the increasing importance of energy efficiency as an effective way to reduce the emission of greenhouse gases and an ongoing increase in different regulatory environments of electric utilities, it appears that decoupling policies may be effective instruments to promote energy efficiency spending.
Keywords: Revenue decoupling; Demand-side management; Investor-owned electric utilities; Difference-in-differences (search for similar items in EconPapers)
JEL-codes: C23 C26 L94 Q48 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:132:y:2019:i:c:p:175-184
Access Statistics for this article
Energy Policy is currently edited by N. France
More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().