Last Updated: 7-2011
Governmental authorities seem to lack the means to urge residents to energy savings and creating energy consciousness among them. However, in this research a new policy framework is designed named Cap, Fine & Reward seeming to have the potential to create energy consciousness and urge residents to save energy. The policy framework can be characterized as a stringent, long term policy framework, aiming to increase the household energy savings by affecting the residential energy using behaviour. A stated conjoint choice experiment is used to test the acceptability of residents towards this policy framework and to do research to the potential of the system.