Premium
Utility Averaging Policies—Impact on Consumer's Energy Usage
Author(s) -
HA MIKYOUNG,
WILLIAMS SUE E.,
WEBER MARGARET J.
Publication year - 1993
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/j.1745-6606.1993.tb00749.x
Subject(s) - plan (archaeology) , payment , economics , energy (signal processing) , business , environmental economics , public economics , low income , microeconomics , finance , demographic economics , statistics , mathematics , archaeology , history
Average Monthly Payment (AMP) plan is a utility policy designed to assist consumers in need such as low income and elderly. This study examines whether this utility policy is an advantage to these target customers. Results indicate that, with a muted price signal, the AMP plan produces an effect contrary to the objective of assisting low and fixed income consumers. Further, the study indicates consumers on the AMP plan consume more energy and the AMP plan does not appear to support energy conservation and efficiency.