Supply curves of conserved energy for California's residential sector

Abstract

A new method of presenting the potential for conservation is discussed. Supply curves of conserved energy provide a consistent accounting framework for assessing diverse conservation measures. They also permit simple comparison of conservation among themselves and with conventional energy supplies. The technique is applied to California's residential sector and illustrative policy conclusions are presented. Roughly 34% of the natural gas and 25% of the electricity used by the residential sector could be saved at costs of conserved energy below current mar~inal prices.

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