Insights from Smart Meters: Identifying Specific Actions, Behaviors, and Characteristics That Drive Savings in Behavior-Based Programs
The report, the second in a series of reports on smart meters, presents concrete examples of findings from behavior analytics research using data that are immediately useful and relevant, including:
- Proof-of-concept analytics techniques that can be adapted and used by others
- Novel discoveries that answer important policy questions
- Guidelines and protocols that summarize best practices for analytics and evaluation.
The report examines a Home Energy Report (HER) program using smart meters data to analyze specific actions, behaviors, and characteristics that drive energy savings in a behavior-based program. While HER programs are increasingly adopted nationwide, there is little clarity about what is driving the savings achieved by these programs. An analytics method that uses easily available data to provide insights into savings behaviors can help utilities, regulators, and policymakers:
- Shed light on measure life, persistence, and attribution issues, which are currently not well understood for HER programs
- Lead to improved HER program design, where programs are continuously modified and tailored for each household, increasing program effectiveness
- Increase the cost-effectiveness of these programs by identifying and targeting “high-saving” households, allowing more efficient use of ratepayer money.