Title: Determinants of solar panel adoption in small and medium-sized commercial and service firms: evidence from Aguascalientes, Mexico
Author: Herández Ortiz, Edgar Uriel
Abstract: This study analyzes the determinants of solar panel adoption, focusing on small and medium-sized commercial and service firms. To find correlation between solar panel adoption and potential determinant variables, the study uses the ENCENRE 2019: a novel dataset that gathers electric consumption and socioeconomic data from 812 surveyed firms located in the city of Aguascalientes, Mexico. With this information, one econometric specification is proposed to find marginal effects of selected variables on the probability of a firm having solar panels installed using OLS and logit models. Four types of variables are found to have significant effects: electric consumption levels, specific characteristics of the firm, high energy consuming equipment, and solar and thermal related technology.
