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.
CRA Sessions | Always on: Reliability in focus – Utility wildfire risk, are we turning a corner?
Dr. Wara is the Director of the Climate and Energy Policy Program at the Stanford Woods Institute for the Environment and the Senior Director of Policy and...