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The weather affects air conditioner purchases to fill the energy efficiency gap

Environmental Studies and Forestry

The weather affects air conditioner purchases to fill the energy efficiency gap

P. He, P. Liu, et al.

This paper, conducted by Pan He, Pengfei Liu, Yueming (Lucy) Qiu, and Lufan Liu, reveals a significant link between temperature fluctuations and Energy Star air conditioner purchases across the US from 2006 to 2019. Discover how just a 1°C change can lead to millions in energy savings!

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Playback language: English
Abstract
This paper investigates the impact of short-term temperature fluctuations on Energy Star air conditioner purchases in the US (2006-2019) using transaction-level data. The probability of purchasing an Energy Star air conditioner increases as weekly temperature deviates from 20-22°C. This response is amplified by factors like lower previous cooling degree days, higher electricity prices/income/education/age/homeownership rates, prevalent electricity use, and stronger climate change concerns. A 1°C deviation from 21°C could reduce national energy expenditure by millions of dollars.
Publisher
Nature Communications
Published On
Oct 01, 2022
Authors
Pan He, Pengfei Liu, Yueming (Lucy) Qiu, Lufan Liu
Tags
Energy Star
air conditioners
temperature fluctuations
energy expenditure
climate concerns
economic impact
US purchases
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