Modeling Financial Impacts of Energy-Conserving Home Upgrades скачать в хорошем качестве

Modeling Financial Impacts of Energy-Conserving Home Upgrades

Day 2 | 5:00 PM–5:30 PM "Modeling Financial Impacts of Energy-Conserving Home Upgrades" Presented by: Megan Grow, Wisconsin Lutheran College, Milwaukee WI USA Ryan Henning, Wisconsin Lutheran College, Milwaukee WI USA https://qubeshub.org/community/groups... Abstract: Home Energy Rebate programs with funding through The U.S. Department of Energy are already available in 11 states, while nearly all other states have applications in progress. These programs offer rebates for certain energy-saving home improvements, with the amount of the rebate dependent on household income and projected energy savings. To better understand the opportunities afforded by these rebates and help equip households to participate in the programs, we created an ODE model that predicts the pay-back over time of capital costs for investment in these home improvements while accounting for variations in energy usage. The model accounts for the reduction of initial investment due to instant rebates, proportional reduction of energy bills after the improvements, and seasonality of energy needs. Estimation of parameters is partially based on a convenience sample of real home energy usage data in the Milwaukee, WI area. This is a student research project, and we will share a little about our background and experience in addition to the research.