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Household Energy Costs Under Climate Change

29 Pages Posted: 7 Aug 2023 Publication Status: Review Complete

See all articles by Michael Craig

Michael Craig

University of Michigan School for Environment and Sustainability

Ritvik Jain

University of Michigan at Ann Arbor

Claire McKenna

University of Michigan at Ann Arbor

Graham Fordice

University of Michigan at Ann Arbor

Parth Vaishnav

University of Michigan at Ann Arbor

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Abstract

High energy burdens challenge nearly a quarter of US households and could increase under climate change due to shifts in space heating and cooling. Using detailed building models, building physics-based simulations, and downscaled meteorological data, we quantify seasonal and annual household energy costs for roughly 3,000 households across seven U.S. cities under historic and future climates. Climate change will reduce annual energy costs for median households in heating-dominated cities by 3-9%. But climate change will increase summer energy costs for most households and cities, with the 10th and 50th percentile of households in each city seeing energy bill increases of more than 20% and 5%, respectively. Buildings with characteristics commonly associated with low-income households are particularly vulnerable to rising summer energy costs under climate change. Absent increasing household wages or support, our results suggest climate change will exacerbate summer energy burdens while alleviating winter energy burdens in most U.S. cities.

Keywords: energy burdens, ResStock, climate change, climate impacts, climate adaptation, household energy costs

Suggested Citation

Craig, Michael and Jain, Ritvik and McKenna, Claire and Fordice, Graham and Vaishnav, Parth, Household Energy Costs Under Climate Change. Available at SSRN: https://ssrn.com/abstract=4534136 or http://dx.doi.org/10.2139/ssrn.4534136
This version of the paper has not been formally peer reviewed.

Michael Craig (Contact Author)

University of Michigan School for Environment and Sustainability ( email )

Ritvik Jain

University of Michigan at Ann Arbor ( email )

Claire McKenna

University of Michigan at Ann Arbor ( email )

Graham Fordice

University of Michigan at Ann Arbor ( email )

Parth Vaishnav

University of Michigan at Ann Arbor ( email )

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