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Spatial Effects In Energy-Efficient Residential Hvac Technology Adoption, Douglas S. Noonan, Lin-Han Chiang Hsieh, Daniel Matisoff
Spatial Effects In Energy-Efficient Residential Hvac Technology Adoption, Douglas S. Noonan, Lin-Han Chiang Hsieh, Daniel Matisoff
Douglas S. Noonan
This study identifies the factors that affect the adoption behaviors for residential heating, ventilating, and air conditioning (HVAC) systems, including spatial effects and other contextual characteristics. This study draws on an original data source of detailed single-family house sale records in the Greater Chicago area, spanning from 1992 to 2004. The data are analyzed at the block-group level to focus on neighborhood-level adoption patterns and highlight neighbor effects. Using spatial lag regression models, we show that spatial dependence or “contagion” exists for neighborhood adoption of energy-efficient HVACs. This result has significant implications from a policy perspective. According to our estimation …
Price Signals And Consumers’ Energy Conservation Behavior: The Case Of Responsiveness In Residential Hvac Technologies From 1990-2003, Douglas S. Noonan, Brett M. Baden
Price Signals And Consumers’ Energy Conservation Behavior: The Case Of Responsiveness In Residential Hvac Technologies From 1990-2003, Douglas S. Noonan, Brett M. Baden
Douglas S. Noonan
Incentives to adopt energy efficient heating, ventilation, and air conditioning (HVAC) systems are moderated by regulatory regimes governing utility prices. Homeowners with different HVAC systems can expect the quality of those HVACs systems – including energy efficiency – to be reflected in higher sale prices for their property. How these premiums vary with changes in energy prices is assessed for Chicago. Comparing HVAC price premiums for gas and electricity allows comparative policy analysis, since natural gas prices were deregulated in 1993 and electricity prices were regulated until 2007. The results show how (de)regulating energy prices affects incentives to adopt green …