The impact of Singapore's residential electricity conservation efforts and the way forward. Insights from the bounds testing approach

The model findings suggest that in general, energy efficiency interventions introduced after 2007, which comprises of both informational strategies and efficiency standards, were effective in reducing household electricity consumption. However, in order to realise greater electricity reduction potential, policy efforts have to intensify into the future, with the main objectives being to permanently change energy habits, and consider the role of hassle 'costs' when rolling out energy saving measures.