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....
| Main Authors: | , , , , |
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| Format: | Proceeding Paper |
| Language: | English English |
| Published: |
USIM Tijarah Holdings Sdn. Bhd.
2019
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| Subjects: | |
| Online Access: | 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 |
| _version_ | 1848787777246724096 |
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| 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 |
| building | IIUM Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-14T17:30:19Z |
| format | Proceeding Paper |
| id | iium-73340 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T17:30:19Z |
| publishDate | 2019 |
| publisher | USIM Tijarah Holdings Sdn. Bhd. |
| recordtype | eprints |
| repository_type | Digital Repository |
| 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 Proceeding Paper 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 |
| 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] |
| 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_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_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_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] |
| topic | H Social Sciences (General) |
| 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 |