Environmental and Resource Economics Seminar by Jacquelyn Pless
| Dates: | 25 October 2016 |
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| Times: | 13:00 - 14:00 |
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| What is it: | Seminar |
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| Organiser: | School of Social Sciences |
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| Speaker: | Jacquelyn Pless |
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Title: The Surprising Pass-Through of Solar Subsidies
Abstract
Whether solar subsidies benefit consumers is an open question. In the U.S. residential solar market, consumers can either purchase systems and receive subsidies directly (host ownership (HO)) or opt into a third party ownership (TPO) agreement. For the case of TPO, subsidies go to the third party owner of the system, however the third party can pass through subsidies in the form of lower contract prices. Using a unique setting of large drops in subsidy levels, we estimate solar subsidy pass-through allowing for heterogeneous effects between TPO and HO. We find that TPO customers capture much more of the subsidy (>100%) than HO customers. Continued work explores what explains the remarkably high pass-through to TPOs.
Speaker
Jacquelyn Pless
Role: Post Doctoral Researcher
Organisation: University of Oxford
Biography: http://jacquelynpless.com/
Travel and Contact Information
Find event
G.018
Arthur Lewis Building
Manchester
