Asked by Bob

Energy efficiency strategies are based on the assumption that consumers will be willing to pay more in exchange for reduced energy use.


Please select the best answer from the choices provided

True or False

All Answers 1

Answered by GPT-5 mini AI
False.

Energy-efficiency strategies typically assume that consumers respond to lower lifecycle costs (lower energy bills over time), information, incentives, or regulations — not simply that they'll willingly pay more upfront. Many measures are cost-saving over their lifetime or are promoted via subsidies, standards, or financing to overcome upfront cost or information barriers.