Promoting clean energy investment: An empirical analysis of property assessed clean energy
Publication
, Journal Article
Kirkpatrick, AJ; Bennear, LS
Published in: Journal of Environmental Economics and Management
September 1, 2014
From 2008 to 2010 a handful of Property-Assessed Clean Energy (PACE) programs offered property-secured loans to homeowners for residential clean energy investments. This analysis uses difference-in-differences models and synthetic counterfactual models to estimate the effect of three California PACE programs on residential photovoltaic installations. While PACE programs do not offer superior terms to other solar financing options, we find that PACE financing increases solar installations by approximately 3.8. watts per owner-occupied household per quarter, a 108% increase over the mean watts per owner-occupied household.
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Published In
Journal of Environmental Economics and Management
DOI
EISSN
1096-0449
ISSN
0095-0696
Publication Date
September 1, 2014
Volume
68
Issue
2
Start / End Page
357 / 375
Related Subject Headings
- Agricultural Economics & Policy
- 3801 Applied economics
- 1402 Applied Economics
- 1401 Economic Theory
- 0502 Environmental Science and Management
Citation
APA
Chicago
ICMJE
MLA
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Kirkpatrick, A. J., & Bennear, L. S. (2014). Promoting clean energy investment: An empirical analysis of property assessed clean energy. Journal of Environmental Economics and Management, 68(2), 357–375. https://doi.org/10.1016/j.jeem.2014.05.001
Kirkpatrick, A. J., and L. S. Bennear. “Promoting clean energy investment: An empirical analysis of property assessed clean energy.” Journal of Environmental Economics and Management 68, no. 2 (September 1, 2014): 357–75. https://doi.org/10.1016/j.jeem.2014.05.001.
Kirkpatrick AJ, Bennear LS. Promoting clean energy investment: An empirical analysis of property assessed clean energy. Journal of Environmental Economics and Management. 2014 Sep 1;68(2):357–75.
Kirkpatrick, A. J., and L. S. Bennear. “Promoting clean energy investment: An empirical analysis of property assessed clean energy.” Journal of Environmental Economics and Management, vol. 68, no. 2, Sept. 2014, pp. 357–75. Scopus, doi:10.1016/j.jeem.2014.05.001.
Kirkpatrick AJ, Bennear LS. Promoting clean energy investment: An empirical analysis of property assessed clean energy. Journal of Environmental Economics and Management. 2014 Sep 1;68(2):357–375.
Published In
Journal of Environmental Economics and Management
DOI
EISSN
1096-0449
ISSN
0095-0696
Publication Date
September 1, 2014
Volume
68
Issue
2
Start / End Page
357 / 375
Related Subject Headings
- Agricultural Economics & Policy
- 3801 Applied economics
- 1402 Applied Economics
- 1401 Economic Theory
- 0502 Environmental Science and Management