A study on economic analysis corresponding to enhancement of energy efficiency for residential air conditioners

Reducing energy use is a great target of the energy policies for solving the problems of high oil price and CO₂ emission, and the authorities have applied energy efficiency standards to principal appliances such as air conditioners and refrigerators in order to reduce energy consumption. In this paper the distribution of residential air conditioners is estimated using the Bass diffusion model and then economic analysis corresponding to enhancement of energy efficiency is performed more precisely than existing methods.