Abstract
We implemented a Randomized Controlled Trial to estimate the impact of real-time energy consumption feedback on residential energy use. A random half of the participant households were offered an energy consumption monitor that uses smart-meter data to relay real-time information on energy use. The feedback resulted in natural gas and electricity savings of, respectively, 6.9 and 2.2 percent; the total amount of energy consumed was reduced by 5.8 percent. We probe the underlying mechanisms by means of a survey and find suggestive evidence that the display's main impact is via raising the salience of the costs of using energy.
| Original language | English |
|---|---|
| Article number | 103163 |
| Number of pages | 32 |
| Journal | Journal of Environmental Economics and Management |
| Volume | 132 |
| DOIs | |
| Publication status | Published - Jun 2025 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy -
SDG 8 Decent Work and Economic Growth -
SDG 13 Climate Action
Keywords
- Climate change
- Energy consumption feedback
- Energy savings
- Energy transition
- Randomized controlled trial
- Residential energy use
- Smart metering
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