Factors Contributing to Energy-related Financial Stress in Australia

Rohan Best, Paul J. Burke

Research output: Contribution to journalArticlepeer-review

28 Citations (Scopus)

Abstract

This paper quantifies factors affecting energy-related financial stress in Australia, a key economic challenge facing a minority of households. We find that low net wealth is a particularly important factor affecting difficulty in paying energy bills. Having insulation reduces reported difficulties in being able to heat and cool homes. The odds of not paying energy bills on time are doubled by households not having solar panels. Other important factors contributing to energy-related financial stress include being a renter, being a mortgage holder, having a large number of occupants in a household, and having a resident who requires energy-consuming medical equipment.

Original languageEnglish
Pages (from-to)462-479
Number of pages18
JournalEconomic Record
Volume95
Issue number311
DOIs
Publication statusPublished - 1 Dec 2019

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