Determinants of participation in home energy audit/loan programs: Discrete choice model results

Bruce Tonn and Linda Berry

Energy, 1986, vol. 11, issue 8, 785-795

Abstract: Discrete choice models are developed for decisions to participate in home energy audit and loan programs. A nested logit model of joint audit and loan decisions is also estimated. The results suggest that attitudinal variables concerning the information value and convenience of audits are the best predictors of the audit choice. A belief that conservation retrofits improve home value is the best predictor of the loan choice. The nested logit model results show that audit and loan choices are independent; this is probably due to a low level of awareness about loan availability.

Date: 1986
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:11:y:1986:i:8:p:785-795

DOI: 10.1016/0360-5442(86)90017-4

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