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Residential Technology and Fuel Switching Costs
Energy used in the residential sector provides a wide range of services, including heating, cooling, lighting, refrigeration, cooking, and numerous other end uses. The U.S. Energy Information Administration (EIA) conducts a household buildings-sector survey—the Residential Energy Consumption Survey—that provides information on the equipment stock and energy consumption within existing buildings. However, this survey does not directly gather other information that we need to project future energy consumption, such as costs associated with switching equipment between different technologies and fuels. The Residential Demand Module of the National Energy Modeling System uses equipment cost and performance technology menus that represent competing options for most of the [...]

