Gerster, AndreasAndor, Mark A.Goette, Lorenz2021-07-072021-06-282021-07-072021http://hdl.handle.net/2003/40286.210.17877/DE290R-22159.2Novel information technologies have the potential to improve decision making. In the context of smart metering, we investigate the impact of providing households with appliance-level electricity feedback. In a randomized controlled trial, we find that the provision of appliance-level feedback creates a conservation effect of an additional 5% relative to a group receiving standard (aggregate) feedback. Consumers with poor knowledge of appliance wattage respond most strongly to appliance-level feedback, consistent with the mechanism in our model. We estimate that a smart-meter rollout will yield much larger gains in consumer surplus if appliance-level feedback can be provided.enDiscussion Paper / SFB823;14/2021randomized controlled trialenergy conservationconsumption feedbackdisaggregation310330620working paper