Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/16804
Title: Rebate as an economic instrument for promoting building energy efficiency in Hong Kong
Authors: Yik, FWH
Lee, WL 
Keywords: Demand side management
Economics
Energy efficiency
Rebate
Issue Date: 2005
Publisher: Pergamon Press
Source: Building and environment, 2005, v. 40, no. 9, p. 1207-1216 How to cite?
Journal: Building and environment 
Abstract: Economic principles have been applied to elicit the conditions under which there will be benefit to power companies in offering rebates to consumers to encourage them to adopt energy saving measures. The analysis also provides an answer to how rebate rate should be determined to maximise social benefit. However, the analysis of the rebate-based demand side management (DSM) programmes launched by the two power companies in Hong Kong in the year 2000 showed that the prerequisite conditions that would permit the power companies to derive benefits from the programmes were unlikely to exist. This suggests that use of this economic instrument for promoting energy efficiency requires governmental influence; it will not emerge solely as a commercial decision of the power companies in Hong Kong.
URI: http://hdl.handle.net/10397/16804
ISSN: 0360-1323
EISSN: 1873-684X
DOI: 10.1016/j.buildenv.2004.10.007
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