Article ID Journal Published Year Pages File Type
994440 Energy Policy 2007 8 Pages PDF
Abstract

We present the findings of a choice experiment designed to estimate consumer preferences and willingness-to-pay (WTP) for voluntary participation in green energy electricity programs. Our model estimates WTP for a generic “green energy” source and compares it to WTP for green energy from specific sources, including wind, solar, farm methane, and biomass. Our results show that there exists a positive WTP for green energy electricity. Further, individuals have a preference for solar over a generic green and wind. Biomass and farm methane are found to be the least preferred sources.

Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
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