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Relationship of Socio Economic Factors (SEF) and Energy Conservation Behavior in India: Empirical Study
Abstract
In this research paper focus of the researcher is to study the effects of various socio economic factors on energy conservation level. This study discusses the energy conservation behaviors of rural and urban households and existence of barriers towards energy efficient appliances and effects of socio economic factors on energy related behaviors in the households located in Ahmednagar District, sample size was 567 households. The survey was conducted with help of structured questionnaire, and telephonic replies. Our result indicates that residence, education, religion and ownership of households are the major factors that have considerable effect on level of energy conservation behavior. We have tested hypothesis about all other factors and their relationships, an attempt has been made to predict the level of energy conservation by using multinomial logistic regression method. Particularly we want to find solution for questions like ‘how socio economic factors play its role in determining energy demands?’ ‘What are the barriers for energy conservation?’ ‘Can we predict energy conservation behavior?’.
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