Smart meter devices and the effect of feedback on residential electricity consumption : Evidence from a natural experiment in Northern Ireland

@inproceedings{Alberini2012SmartMD,
  title={Smart meter devices and the effect of feedback on residential electricity consumption : Evidence from a natural experiment in Northern Ireland},
  author={Anna Alberini and Alberto Longo},
  year={2012}
}
Using a unique set of data and exploiting a large-scale natural experiment, we estimate the effect of real-time usage information on residential electricity consumption in Northern Ireland. Starting in April 2002, the utility replaced prepayment meters with advanced meters that allow the consumer to track usage in real-time. We rely on this event, account for the endogeneity of price and payment plan with consumption through a plan selection correction term, and find that the provision of… CONTINUE READING
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