If you are a person that loves sleep, then you probably have March 9th already circled in an angry red color on your calendar. The time to move our clocks forward an hour happens in just a few weeks— but what happens to our energy bills?
While daylight-savings time has traditionally been thought to reduce energy use, there is a new study out of California suggesting otherwise. Professor of economics Matthew Kotchen and Ph.D. student Laura Grant have conducted a study using data from the state of Indiana, whose counties didn't fully participate in daylight-savings until 2006. Using data from the counties that already did move their clocks as a constant, they were able to look at the new participants' data and find the difference in their energy bills. By the study's calculations, the change of time at daylight-savings "costs Indiana households an additional $8.6 million in electricity bills".
Though the study is not conclusive, the information put together is worth a read. For a full break down of the study (and even the history of daylight-savings), be sure to visit the Wall Street Journal.






