Daylight savings time Actually COSTS us money!

Budget101 Discussion List Archives Budget101 Discussion List Daylight savings time Actually COSTS us money!

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      It’s official: Daylight Saving Time is a bust. Designed (and recently

      extended) as a measure to save energy in a period of inflated

      electricity prices, an in-depth University of California study has

      now shown that DST doesn’t save anyone any money at all. In fact,

      it’s costing consumers extra, to the tune of $3.19 in extra utility

      bills per year.

      The study was made possible because of the peculiarities of the state

      of Indiana, which was only partially on DST until 2006. When the

      whole state finally went DST (to sync with the national business

      day), some comparisons vs. the prior method were made apparent. The

      study calculated that the shift costs Indiana residents an extra $8.6

      million in electricity bills in total.

      Why? Shouldn’t they be, well, saving daylight — and burning fewer

      light bulbs?

      They are, said the study. But while lighting bills were reduced, air-

      conditioning units had to run more often, because people were home on

      hot afternoons when they’d otherwise be still at the office. Heaters

      had to be run on cool mornings, too, when people got up and it was

      still dark outside.

      Professor Matthew Kotchen, who pioneered the study, noted, “I’ve

      never had a paper with such a clear and unambiguous finding as this.”

      This isn’t the first time the energy-saving rationale of Daylight

      Saving Time has been attacked. The first was in 1976, when the

      National Bureau of Standards found that there was no significant

      energy savings after the switch. The recent expansion of DST to a few

      extra weeks was also revealed to have saved no energy during its run.

      And yet here we are…

      In related news, it was also revealed that Daylight Saving Time

      actually creates no additional daylight

      Source:https://tech.yahoo.com/blog/null/83073

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Budget101 Discussion List Archives Budget101 Discussion List Daylight savings time Actually COSTS us money!