{"title":"Is cognition of residential tiered pricing policy effective in reducing electricity consumption in China?","authors":"","doi":"10.1016/j.jup.2024.101808","DOIUrl":null,"url":null,"abstract":"<div><p>China's residential tiered electricity pricing has been implemented for over a decade without a timely update. Past researches reveal the significant energy-saving effect of public policy cognition. This paper traces the relationship leveraging data from two surveys conducted in 2019 and 2023. We find that residents with some policy knowledge rose by one-third. However, policy cognition does not appear to lead to usage reductions. One crucial explanation is that changes in payment modes lower the salience of electricity bills, resulting in pronounced price misperceptions. This paper documents the role of adequate information feedback in enhancing the nonlinear tariff effect.</p></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":null,"pages":null},"PeriodicalIF":3.8000,"publicationDate":"2024-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Utilities Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0957178724001012","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ENERGY & FUELS","Score":null,"Total":0}
引用次数: 0
Abstract
China's residential tiered electricity pricing has been implemented for over a decade without a timely update. Past researches reveal the significant energy-saving effect of public policy cognition. This paper traces the relationship leveraging data from two surveys conducted in 2019 and 2023. We find that residents with some policy knowledge rose by one-third. However, policy cognition does not appear to lead to usage reductions. One crucial explanation is that changes in payment modes lower the salience of electricity bills, resulting in pronounced price misperceptions. This paper documents the role of adequate information feedback in enhancing the nonlinear tariff effect.
期刊介绍：
Utilities Policy is deliberately international, interdisciplinary, and intersectoral. Articles address utility trends and issues in both developed and developing economies. Authors and reviewers come from various disciplines, including economics, political science, sociology, law, finance, accounting, management, and engineering. Areas of focus include the utility and network industries providing essential electricity, natural gas, water and wastewater, solid waste, communications, broadband, postal, and public transportation services.
Utilities Policy invites submissions that apply various quantitative and qualitative methods. Contributions are welcome from both established and emerging scholars as well as accomplished practitioners. Interdisciplinary, comparative, and applied works are encouraged. Submissions to the journal should have a clear focus on governance, performance, and/or analysis of public utilities with an aim toward informing the policymaking process and providing recommendations as appropriate. Relevant topics and issues include but are not limited to industry structures and ownership, market design and dynamics, economic development, resource planning, system modeling, accounting and finance, infrastructure investment, supply and demand efficiency, strategic management and productivity, network operations and integration, supply chains, adaptation and flexibility, service-quality standards, benchmarking and metrics, benefit-cost analysis, behavior and incentives, pricing and demand response, economic and environmental regulation, regulatory performance and impact, restructuring and deregulation, and policy institutions.
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