The autonomous adaptation of US homes to changing temperatures

Abstract:

Little is known about how households adapt to climate change. Previous research has focused on geographical differences in fuel choice and air conditioning. Using a twenty-eight-year panel of homes, we conducted the first longitudinal analysis of eight categories of adaptations and their impact on electricity, gas, and water expenditures. Exposure to cold or warm days correlates with increased spending on doors, windows, equipment, insulation, energy, and water. Our findings suggest cooling costs will rise, offset by lower heating costs. We predict a significant increase in electricity and water use during summer, leading to seasonal utility adjustments.