This study examines the energy efficiency implications of a daily billed energy service, commonly known as ‘prepaid’ electricity, which is used by a growing percentage of residential customers in the competitive Texas electricity market. Our empirical analysis results suggest that this service could save 9.6% of average daily energy consumption, net of the effect of any disconnections. This quantitative study demonstrates that energy efficiency from prepaid energy products can extend to competitive marketplaces.
WSJ: Electricity costs expected to keep rising—Jim McMahon weighs in
In a recent The Wall Street Journal publication Jim McMahon, head of the Energy Practice at Charles River Associates, noted: “We’re in a period of general...