Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia]

The objective of this study is to analyze and evaluate public acceptance and their willingness to pay (WTP) for solar energy for their household use in Kuala Lumpur. For this reason, a contingent valuation method (CVM) was conducted to recognize the WTP of individuals and the features persuading it....

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Main Authors: Rafia, Afroz, Morshed, Niaz, ., Md Muhibbullah, Duasa, Jarita, Haniza, Khalid
Format: Conference or Workshop Item
Language:English
English
Published: USIM Tijarah Holdings Sdn. Bhd. 2019
Subjects:
Online Access:http://irep.iium.edu.my/73340/
http://irep.iium.edu.my/73340/
http://irep.iium.edu.my/73340/7/73340%20letter%2C%20abstract%20%20and%20slides.pdf
http://irep.iium.edu.my/73340/8/73340%20WILLINGNESS%20TO%20PAY%20OF%20THE%20HOUSEHOLDS.pdf
id iium-73340
recordtype eprints
spelling iium-733402019-07-19T04:16:07Z http://irep.iium.edu.my/73340/ Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia] Rafia, Afroz Morshed, Niaz ., Md Muhibbullah Duasa, Jarita Haniza, Khalid H Social Sciences (General) The objective of this study is to analyze and evaluate public acceptance and their willingness to pay (WTP) for solar energy for their household use in Kuala Lumpur. For this reason, a contingent valuation method (CVM) was conducted to recognize the WTP of individuals and the features persuading it. Inhabitants of 400 families in Kuala Lumpur were questioned face to face. A logit model was estimated to investigate the factors that may affect the willingness of the households to pay additional electricity bills for solar energy. It was found that the average WTP value per family is RM 16, which will be paid monthly as an additional charge in electricity bills. The results of the logit model show that income, household size and knowledge about climate change positively and significantly affect the WTP of the households to pay additional electricity bills. USIM Tijarah Holdings Sdn. Bhd. 2019 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/73340/7/73340%20letter%2C%20abstract%20%20and%20slides.pdf application/pdf en http://irep.iium.edu.my/73340/8/73340%20WILLINGNESS%20TO%20PAY%20OF%20THE%20HOUSEHOLDS.pdf Rafia, Afroz and Morshed, Niaz and ., Md Muhibbullah and Duasa, Jarita and Haniza, Khalid (2019) Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia]. In: The International Conference on Economics, Entrepreneurship and Management 2019 (ICEEM 2019), 6th July 2019, Langkawi, Malaysia. https://www.tijarahholdings.com/wp-content/uploads/2019/07/CR-Dr.Rafia-Afroz-iceem2019.docx.pdf
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic H Social Sciences (General)
spellingShingle H Social Sciences (General)
Rafia, Afroz
Morshed, Niaz
., Md Muhibbullah
Duasa, Jarita
Haniza, Khalid
Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia]
description The objective of this study is to analyze and evaluate public acceptance and their willingness to pay (WTP) for solar energy for their household use in Kuala Lumpur. For this reason, a contingent valuation method (CVM) was conducted to recognize the WTP of individuals and the features persuading it. Inhabitants of 400 families in Kuala Lumpur were questioned face to face. A logit model was estimated to investigate the factors that may affect the willingness of the households to pay additional electricity bills for solar energy. It was found that the average WTP value per family is RM 16, which will be paid monthly as an additional charge in electricity bills. The results of the logit model show that income, household size and knowledge about climate change positively and significantly affect the WTP of the households to pay additional electricity bills.
format Conference or Workshop Item
author Rafia, Afroz
Morshed, Niaz
., Md Muhibbullah
Duasa, Jarita
Haniza, Khalid
author_facet Rafia, Afroz
Morshed, Niaz
., Md Muhibbullah
Duasa, Jarita
Haniza, Khalid
author_sort Rafia, Afroz
title Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia]
title_short Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia]
title_full Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia]
title_fullStr Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia]
title_full_unstemmed Willingness to pay of the households for solar energy-a case study in Kuala Lumpur Malaysia [Public acceptance and willingness to pay for solar energy- a case study in Kuala Lumpur, Malaysia]
title_sort willingness to pay of the households for solar energy-a case study in kuala lumpur malaysia [public acceptance and willingness to pay for solar energy- a case study in kuala lumpur, malaysia]
publisher USIM Tijarah Holdings Sdn. Bhd.
publishDate 2019
url http://irep.iium.edu.my/73340/
http://irep.iium.edu.my/73340/
http://irep.iium.edu.my/73340/7/73340%20letter%2C%20abstract%20%20and%20slides.pdf
http://irep.iium.edu.my/73340/8/73340%20WILLINGNESS%20TO%20PAY%20OF%20THE%20HOUSEHOLDS.pdf
first_indexed 2023-09-18T21:43:58Z
last_indexed 2023-09-18T21:43:58Z
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