Is cognition of residential tiered pricing policy effective in reducing electricity consumption in China?

IF 3.8 3区 经济学 Q3 ENERGY & FUELS Utilities Policy Pub Date : 2024-08-01 DOI:10.1016/j.jup.2024.101808
Hongyang Lin , Huanyu Jia , Yingjin Ye , Yu Shen , Boqiang Lin
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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.

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对居民阶梯电价政策的认知是否能有效降低中国的用电量?
中国的居民阶梯电价已经实施了十多年,却没有及时更新。以往的研究表明,公共政策认知具有显著的节能效果。本文利用 2019 年和 2023 年的两次调查数据,追溯了两者之间的关系。我们发现,具有一定政策知识的居民增加了三分之一。然而,政策认知似乎并没有导致使用量的减少。一个重要的解释是,支付模式的变化降低了电费账单的显著性,导致了明显的价格误解。本文记录了充分的信息反馈在增强非线性电价效应中的作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Utilities Policy
Utilities Policy ENERGY & FUELS-ENVIRONMENTAL SCIENCES
CiteScore
6.80
自引率
10.00%
发文量
94
审稿时长
66 days
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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