INFINEED The Interplay of Feedback and Incentive Effects on Electricity Demand
Summary
This project studies how individual feedback and social comparisons can be combined with monetary incentives to influence residential electricity consumption. To study the impact of interventions, we rely on a field experiment conducted in partnership with an electricity provider. We develop a digital platform and a mobile app fed by smart meter consumption data to provide feedback based on realistic saving potentials tailored to each participating household. The experimental design relies on a goal setting task with monetary rewards and will allow us to identify a selection of policy treatment effects as well as moderating effects of energy literacy and pro-environmental values. We will moreover use a choice experiment to identify the preferences of various household types regarding sustainable actions namely conservation, efficiency investment, or adoption of green electricity. This allows us to quantify intervention effects across an inclusive range of population segments and psychological profiles.
Persons and institutions
| Principal applicant | Co-applicant | Team |
|---|---|---|
| Prof. Adrian Holzer Information Management Institute University of Neuchâtel |
Prof. Sylvain Weber University of Applied Sciences and Arts HEG Genève Prof. Bruno Kocher Institute of management (IMN) University of Neuchâtel Prof. Mehdi Farsi Institute of economic research (IRENE) University of Neuchâtel |
Administrative data
- Start date : 01.11.2022
- End date : 01.02.2026
- Amount: 308 676 CHF
- Financing : Swiss Federal Office of Energy (Research program EWG)
