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Determinants of electricity bill savings for residential solar panel adopters in the U.S.: A multilevel modeling approach

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This study provides a comprehensive examination of factors that affect the electricity bill savings of a sample of
solar adopters in four U.S. states. A multilevel model is used to capture the role of variations across state policies
and local regulations, and examine their effect on savings after controlling for household characteristics. We find
that solar adopters located in zip codes with higher photovoltaics penetration have significantly higher summer
savings. This suggests that local policies that remove barriers for the wide adoption of solar panels across
multiple households would be in alignment with increasing the private value of solar panels. Furthermore, we
find that solar adopters in zip codes with smaller installed capacity have higher summer savings. The analysis in
this study suggests that, to achieve higher savings, local policies that regulate size are less effective compared to
policies that remove barriers to a wider photovoltaics adoption. Finally, this study finds evidence for the role of
certain household-level variables in explaining the electricity bill savings of solar adopters. Solar-savingscalculators
can be customized to include some of these house and resident characteristics.

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Ketersediaan

EJ20238

My Library

Tersedia

Informasi Detil

Judul Seri

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No. Panggil

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Penerbit

Elsevier Ltd. : .,

Deskripsi Fisik

15 hlm.

Bahasa

English

ISBN/ISSN

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Klasifikasi

NONE

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Energy Policy 139 (2020) 111351

Subyek

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Info Detil Spesifik

Ejurnal

Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

Komentar

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