Estimating the value of water-use efficiency in the Intermountain West / David G. Groves, James Griffin, Sara Hajiamiri.

By:

Groves, David G

Contributor(s):

Material type: Text

TextSeries: Technical report (Rand Corporation) ; TR-504-HF.Publication details: Santa Monica, CA : Rand Corp., 2008.Description: 1 online resource (xviii, 69 pages) : illustrations (some color), color mapContent type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9780833044426
0833044427
128143017X
9781281430175
9786611430177
6611430172

Report number: TR-504-HFSubject(s): Genre/Form:

Additional physical formats: Print version:: Estimating the value of water-use efficiency in the Intermountain West.DDC classification:

363.6/10979 22

LOC classification:

TC425.M66 C35 2008eb

Online resources:

Click here to access online

Contents:

Introduction -- Denver water case study -- Case-study methodology -- Results -- Summary and conclusions -- Appendix A: Avoided-cost model -- Appendix B: Environmental-benefit modeling -- Appendix C: Impact of supply and demand changes on long-run avoided costs -- Appendix D: Efficiency-program cost estimates.

Action note:

digitized 2010 HathiTrust Digital Library committed to preserve

In: Books at JSTOR: Open AccessSummary: "Evaluating the cost-effectiveness of water-efficiency programs can be difficult, because not all the benefits are easily quantified. This report presents an economic framework based on two tools from the California Urban Water Conservation Council to estimate the avoided costs and environmental benefits of an agency's efficiency programs. The report evaluates the benefits of Denver Water efficiency programs and uses an exploratory modeling approach to accommodate the significant uncertainty in such estimations. The results of this study suggest that the inclusion of long-run avoided costs and environmental benefits is critical to fully recognizing the value of water-use efficiency programs. The authors find that evaluating only the short-run avoided costs leads to the conclusion that many water-efficiency projects already a part of Denver Water's 10-year conservation plan are not cost-effective. When long-run avoided costs and environmental and recreational benefits were factored in, all but two Denver Water programs were estimated to be cost-effective. The timing of projected water savings from efficiency programs is also critical. Water savings from programs that concentrate savings during summer months, when water is scarcer, should be valued higher than saving from programs that lead to more uniform water savings throughout the year, because these water savings reduce peak water needs."--Publisher's website.

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"Sponsored by the William and Flora Hewlett Foundation."

"Rand Environment, Energy, and Economic Development."

Includes bibliographical references (pages 67-69).

"Evaluating the cost-effectiveness of water-efficiency programs can be difficult, because not all the benefits are easily quantified. This report presents an economic framework based on two tools from the California Urban Water Conservation Council to estimate the avoided costs and environmental benefits of an agency's efficiency programs. The report evaluates the benefits of Denver Water efficiency programs and uses an exploratory modeling approach to accommodate the significant uncertainty in such estimations. The results of this study suggest that the inclusion of long-run avoided costs and environmental benefits is critical to fully recognizing the value of water-use efficiency programs. The authors find that evaluating only the short-run avoided costs leads to the conclusion that many water-efficiency projects already a part of Denver Water's 10-year conservation plan are not cost-effective. When long-run avoided costs and environmental and recreational benefits were factored in, all but two Denver Water programs were estimated to be cost-effective. The timing of projected water savings from efficiency programs is also critical. Water savings from programs that concentrate savings during summer months, when water is scarcer, should be valued higher than saving from programs that lead to more uniform water savings throughout the year, because these water savings reduce peak water needs."--Publisher's website.

Use copy Restrictions unspecified star MiAaHDL

Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. MiAaHDL

Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL