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The weather affects air conditioner purchases to fill the energy efficiency gap.
- Source :
- Nature Communications; 10/17/2022, Vol. 13 Issue 1, p1-8, 8p
- Publication Year :
- 2022
-
Abstract
- Energy efficiency improvement is often hindered by the energy efficiency gap. This paper examines the effect of short-run temperature fluctuations on the Energy Star air conditioner purchases in the United States from 2006 to 2019 using transaction-level data. Results show that the probability of purchasing an Energy Star air conditioner increases as the weekly temperature before the transaction deviates from 20–22 °C. A larger response is related to fewer cooling degree days in the previous years, higher electricity prices/income/educational levels/age/rate of owners, more common use of electricity, and stronger concern about climate change. 1 °C increase and decrease from 21 °C would lead to a reduction of total energy expenditure by 35.46 and 17.73 million dollars nationwide (0.13% and 0.06% of the annual total energy expenditure on air conditioning), respectively. Our findings have important policy implications for demand-end interventions to incorporate the potential impact of the ambient physical environment. The probability of purchasing an energy-efficient air conditioner increases as the temperature deviates from 20–22 °C in the United States, with the response varying by electricity price, background climate, and demographic characteristics. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 20411723
- Volume :
- 13
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Nature Communications
- Publication Type :
- Academic Journal
- Accession number :
- 159722158
- Full Text :
- https://doi.org/10.1038/s41467-022-33531-2