Arbeitspapier

To switch or not to switch? Understanding German consumers' willingness to pay for green electricity tariff attributes

In order to achieve an environmentally friendly and sustainable energy supply, it is necessary that this goal is supported by society. In different countries worldwide it has been shown that one way consumers want to support the energy transition is by purchasing green electricity. However, few people make the leap from their intention to a buying decision. This study explores parameters that influence whether German consumers decide to switch to a green electricity tariff. We conducted a quota-representative online survey including a discrete choice experiment with 371 private households in Germany in 2016. For the econometric analysis, a generalized multinomial logit model in willingness to pay (WTP) space was employed, enabling the estimation of WTP values to be as realistic as possible. The results show that consumers' decision regarding whether or not to make the switch to green energy is influenced by many underlying drivers, such as the source of green energy, whether a person can outsource the switching process, and a person's attitude towards the renewable energy sources levy that currently exists in Germany. Implications for policy makers and recommendations for the marketing of green energy tariffs are provided.

Sprache
Englisch

Erschienen in
Series: Diskussionsbeitrag ; No. 1707

Klassifikation
Wirtschaft
Thema
energy transition
green energy
tariff switch
discrete choice experiment
generalised multinomial logit model
WTP space

Ereignis
Geistige Schöpfung
(wer)
Sauthoff, Saramena
Danne, Michael
Mußhoff, Oliver
Ereignis
Veröffentlichung
(wer)
Georg-August-Universität Göttingen, Department für Agrarökonomie und Rurale Entwicklung (DARE)
(wo)
Göttingen
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Sauthoff, Saramena
  • Danne, Michael
  • Mußhoff, Oliver
  • Georg-August-Universität Göttingen, Department für Agrarökonomie und Rurale Entwicklung (DARE)

Entstanden

  • 2017

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