Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/35841
Title: Residential outage cost estimation : Hong Kong
Authors: Woo, CK
Ho, T
Shiu, A 
Cheng, YS
Horowitz, I
Wang, J
Keywords: Residential outage cost estimation
Electricity reliability in Hong Kong
Contingent valuation survey
Issue Date: 2014
Publisher: Elsevier
Source: Energy policy, 2014, v. 72, p. 204-210 How to cite?
Journal: Energy policy 
Abstract: Hong Kong has almost perfect electricity reliability, the result of substantial investments ultimately financed by electricity consumers who may be willing to accept lower reliability in exchange for lower bills. But consumers with high outage costs are likely to reject the reliability reduction. Our ordered-logit regression analysis of the responses by 1876 households to a telephone survey conducted in June 2013 indicates that Hong Kong residents exhibit a statistically-significant preference for their existing service reliability and rate. Moreover, the average residential cost estimate for a 1-h outage is US$45 (HK$350), topping the estimates reported in 10 of the 11 studies published in the last 10 years. The policy implication is that absent additional compelling evidence, Hong Kong should not reduce its service reliability.
URI: http://hdl.handle.net/10397/35841
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2014.05.002
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

SCOPUSTM   
Citations

5
Last Week
0
Last month
Citations as of Jun 18, 2017

WEB OF SCIENCETM
Citations

4
Last Week
0
Last month
Citations as of Jun 15, 2017

Page view(s)

26
Last Week
0
Last month
Checked on Jun 18, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.