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Solar PV Adoption in the United States: An Empirical Investigation of State Policy Effectiveness

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dc.contributor.advisorChristine L Crago
dc.contributor.advisorDaniel A Lass
dc.contributor.authorChernyakhovskiy, Ilya
dc.contributor.departmentUniversity of Massachusetts Amherst
dc.contributor.departmentResource Economics
dc.date2024-03-28T19:47:26.000
dc.date.accessioned2024-04-26T18:14:41Z
dc.date.available2024-04-26T18:14:41Z
dc.date.issued2015
dc.date.submittedFebruary
dc.date.submitted2015
dc.description.abstractState policy incentives for solar power have grown significantly in the past several years. This paper examines the effectiveness of policy incentives to increase residential solar PV capacity. County-level solar adoption data and controls for demographic characteristics, solar resources, and pro-environmental preferences are used to estimate a model of residential solar adoption. Empirical findings show that financial incentives, solar-specific mandates, and loan financing programs are important drivers of residential PV capacity growth. Incentives that reduce the up-front cost of adoption and that are subject to low uncertainty are found to have the largest impact. Results also point to a significant positive relationship between hybrid vehicle sales and residential PV capacity growth, indicating the importance of pro-environmental preference as a predictor of solar PV demand.
dc.description.degreeMaster of Science (M.S.)
dc.identifier.doihttps://doi.org/10.7275/5908192
dc.identifier.orcidN/A
dc.identifier.urihttps://hdl.handle.net/20.500.14394/33108
dc.relation.urlhttps://scholarworks.umass.edu/cgi/viewcontent.cgi?article=1097&context=masters_theses_2&unstamped=1
dc.source.statuspublished
dc.subjectsolar
dc.subjecttechnology adoption
dc.subjectrenewable energy
dc.subjectpolicy analysis
dc.subjectAgricultural and Resource Economics
dc.titleSolar PV Adoption in the United States: An Empirical Investigation of State Policy Effectiveness
dc.typeopenaccess
dc.typethesis
digcom.contributor.authorisAuthorOfPublication|email:ichernya@umass.edu|institution:University of Massachusetts Amherst|Chernyakhovskiy, Ilya
digcom.identifiermasters_theses_2/141
digcom.identifier.contextkey5908192
digcom.identifier.submissionpathmasters_theses_2/141
dspace.entity.typePublication
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