Strike while the rebate is hot: Savvy consumers and strategic technology adoption timing

Reeves, D. Cale; Rai, Varun

doi:10.1016/j.enpol.2018.06.045

Cited by 13 publications

(2 citation statements)

References 35 publications

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“…The financial attributes reveal how much the total costs and the payback period will be through the electricity cost, installation cost, O&M cost, utility rebates, upfront cost, and importantly, government support policies in the form of the FiT, grant, discount, and tax incentives. The individual type receives financial and technical information from not only the media but suppliers, business, government, and peers [26]. These are five major formal and informal (interpersonal) communication channels for transmitting messages.…”

Section: Background Factors Of Bess and Pv-bess Adoptionmentioning

confidence: 99%

Beyond the Diffusion of Residential Solar Photovoltaic Systems at Scale: Allegorising the Battery Energy Storage Adoption Behaviour

2021

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Understanding the residential adoption decision of battery energy storage systems (BESSs) is central to the implementation of successful intervention policies. However, when the residential solar photovoltaics (PV) becomes a widely accepted technology across a society, accurately modelling the behaviour shows a higher degree of complexity. In this vein, the uptake pathway of BESS and PV coupled with BESS (PV–BESS) would predictably exhibit similar attitudinal traits to that of PV consumption. This notion implies that the antecedent PV decision can be regarded as the past behaviour of the BESS adopter by creating attitudinal implications. The PV use status also yields a higher degree of heterogeneity through the emergence of four new household groups and the inherent imbalances in the involvement of the interwoven financial, technical, sociodemographic, and psychological predictors. This perspective employs the Reasoned Action Approach (RAA) to allegorise a decision-making model of BESS and PV–BESS adoption behaviour in a mature PV market (Australia). It argues that the particularised background factors will likely shape the individual’s attitudes and perceived norms for intention, and showcases affordability and the use of PV as the two control components that dictate the final decision.

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Section: Background Factors Of Bess and Pv-bess Adoptionmentioning

confidence: 99%

Beyond the Diffusion of Residential Solar Photovoltaic Systems at Scale: Allegorising the Battery Energy Storage Adoption Behaviour

2021

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“…In this article, we ask how information intervention programs (IIPs) can complement financial instruments and evaluate the comparative effectiveness of different IIPs to spark adoption decision-making. For the empirical test bed of our analysis, we use residential solar PV, which is increasingly being understood as the centerpiece of an evolving, co-adoption system of complementary energy technologies and behaviors that comprise distributed residential generation and consumption Reeves and Rai, 2018;Sorrell, 2015).…”

Section: Introductionmentioning

confidence: 99%

Information interventions can increase technology adoption through information network restructuring

et al. 2022

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Preferences of homeowners for heat-pump leasing: Evidence from a choice experiment in France, Germany, and Switzerland

Côté,

Pons-Seres de Brauwer

2023

Energy Policy

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Strike while the rebate is hot: Savvy consumers and strategic technology adoption timing

Cited by 13 publications

References 35 publications

Beyond the Diffusion of Residential Solar Photovoltaic Systems at Scale: Allegorising the Battery Energy Storage Adoption Behaviour

Beyond the Diffusion of Residential Solar Photovoltaic Systems at Scale: Allegorising the Battery Energy Storage Adoption Behaviour

Information interventions can increase technology adoption through information network restructuring

Preferences of homeowners for heat-pump leasing: Evidence from a choice experiment in France, Germany, and Switzerland

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