Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/323356 
Year of Publication: 
2025
Citation: 
[Journal:] Environmental and Resource Economics [ISSN:] 1573-1502 [Volume:] 88 [Issue:] 6 [Publisher:] Springer Netherlands [Place:] Dordrecht [Year:] 2025 [Pages:] 1499-1540
Publisher: 
Springer Netherlands, Dordrecht
Abstract: 
Feedback interventions are a promising tool for promoting household energy conservation and addressing climate change. This study examines whether their effectiveness improves with incentivized energy saving goals through a field experiment involving 422 Singaporean households over eight months. All treatment groups received tailored feedback reports, energy saving goals, and tips. Two groups also received additional incentives: monetary rewards or environmental donations. Households receiving only feedback, goals and savings tips reduced electricity use by 16% compared to the control group, but those offered additional monetary or environmental incentives achieved no further savings. Notabl the effects persisted marginally post-intervention in the goal treatment. These results indicate that low-cost behavioral strategies like feedback, savings tips and goal setting can be as effective as costly incentives, providing a scalable and economical pathway for energy conservation initiatives.
Subjects: 
Energy conservation
Incentives
Feedback
Goal-setting
Field experiment
JEL: 
Q50
Q40
C93
D91
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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