Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Renewable Energy 3 Location: B133 Session Chair: Kiso Takahiko, University of Aberdeen | |
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Using Price Incentives to Bound Welfare from Pay as You Go Solar Electricity World Bank, United States of America Pay-as-you-go (PAYGo) solar electricity is a key technology for expanding basic energy access to remote, low-income populations, but it remains expensive relative to traditional energy sources. I study demand for PAYGo solar using a randomized experiment with 800 existing PAYGo customers in Kenya and Rwanda. The experiment randomly assigns incentives that lower the effective price of usage for consumers who meet monthly purchase thresholds. Although average demand is unresponsive, consumers with the highest pre-experimental demand increase their purchases by 6%–7% in response to the incentive. I estimate a lower bound on consumer surplus using these revealed-preference responses to bound welfare. Although I find large welfare gains for high-demand consumers, my bounds imply that expanding adoption of PAYGo solar by another 25% would require subsidies of 70%-80%. | |