@article {420726,
	title = {Consumers{\textquoteright} Response to State Energy Efficient Appliance Rebate Programs},
	journal = {American Economic Journal - Economic Policy},
	volume = {9},
	number = {4},
	year = {2017},
	pages = {227-255},
	abstract = {Through an evaluation of the 2009 Recovery Act{\textquoteright}s State Energy Efficient Appliance Rebate Program, this paper examines consumers{\textquoteright} response to energy efficiency rebates. The analysis shows that 70 percent of consumers claiming a rebate were inframarginal and an additional 15 percent{\textendash}20 percent of consumers simply delayed their purchases by a few weeks. Consumers responded to rebates by upgrading to higher quality, but less energy-efficient models. Overall the impact of the program on long-term energy demand is likely to be small. Measures of government expenditure per unit of energy saved are an order of magnitude higher than estimates for other energy efficiency programs.},
	author = {Sebastien Houde and Joseph E. Aldy}
}
