Effective information channels for reducing costs of environmentally- friendly technologies: evidence from residential PV markets

Video in TIB AV-Portal: Effective information channels for reducing costs of environmentally- friendly technologies: evidence from residential PV markets

Formal Metadata

Effective information channels for reducing costs of environmentally- friendly technologies: evidence from residential PV markets
Title of Series
CC Attribution 3.0 Unported:
You are free to use, adapt and copy, distribute and transmit the work or content in adapted or unchanged form for any legal purpose as long as the work is attributed to the author in the manner specified by the author or licensor.
Release Date

Content Metadata

Subject Area
Realizing the environmental benefits of solar photovoltaics (PV) will require reducing costs associated with perception, informational gaps and technological uncertainties. To identify opportunities to decrease costs associated with residential PV adoption, in this letter we use multivariate regression models to analyze a unique, household-level dataset of PV adopters in Texas (USA) to systematically quantify the effect of different information channels on aspiring PV adopters' decision-making. We find that the length of the decision period depends on the business model, such as whether the system was bought or leased, and on special opportunities to learn, such as the influence of other PV owners in the neighborhood. This influence accrues passively through merely witnessing PV systems in the neighborhood, increasing confidence and motivation, as well as actively through peer-to-peer communications. Using these insights we propose a new framework to provide public information on PV that could drastically reduce barriers to PV adoption, thereby accelerating its market penetration and environmental benefits. This framework could also serve as a model for other distributed generation technologies.
Video Electric power distribution
Fulling Solar energy Membrane potential Emission nebula Wind farm
Flavour (particle physics) Prozessleittechnik Channeling Effects unit Orbital period Electronic component Month Rail transport operations Light Kopfstütze
Communications satellite Prozessleittechnik Contactor Key (engineering) Orbital period
Communications satellite Weather forecasting Effects unit Positive feedback Month Model building Orbital period Group delay and phase delay
solar farms in PD technology offers significant environment and the full potential for emissions reductions offered by the not realized the adoption of the technology by residents consumers voice to possess FIL marked residents market venturousness limited by the high cost to consumers so as you it all 1 those costs Staten Prize system is well documented and no side information costs remains punished information
cost means that consumers are uncertain about future performance of the system the operation maintenance requirements on the installation process I want to spend time energy to find the energy for the site itself on average
purist then just about 9 months to find answers to these you want to identify the information channels that are most affected from consumers viewpoint in reducing these uncertainties and non-monetary costs associated with with the to do this we analyze a new dataset FIL from a survey PDOS texts in 2011 using more than the rest is simply we measure the light and the decision periods in relation to potential information you result robbed the leg of the consumer decision period primarily depends on business model such as well the system was bodies and on here peer effects are usually influential in big a answer written by 2 distinct components truth in this
1st we have contact with other key yours name for installation was the single most effective strategies for speedier c times information was more trustworthy came from communication with family friends and neighbors rather than sources such as the Internet or not not
so although information about the use of hard to find it's the right kind of information coming from someone consumer knows and trusts that is the most effective during the decision process just when in these systems
that was unable have a significant effect resulting in lower areas decision seem
PV systems and nearby houses whose confidence in the technology and provides the motivation to adopt the events the strongest areas with tensor installations the great positive feedback loops as new adopters are added to his existing base their right that we recently the utterance trustworthy information becomes easier and easier I all the marketing strategies will likely would produce better results as they incorporate this knowledge for its peer Our results suggest that measures the facility appeared communications could decrease decision times over 6 months the next step which are group is working on now is to develop predictive forecasting models to view you got that incorporates the