The burden of energy-related costs on the American consumer accounts for 8.3 percent of per-capita GDP. Consumers’ Research believes the quality, safety, cost, availability, and variety of energy and energy-related services used or desired by American consumers are improved by greater consumer knowledge and freedom. These value factors hold true for goods and services within both the private and public sector.
According to the U.S. Energy Information Administration, although consumer spending on energy is down relative to its long-term average, it still comprises 5 percent of disposable income.
In addition, prices for energy has historically been more volatile than overall consumer prices, as shown below. This volatility can lead to significant uncertainty for the consumer, making it more difficult to budget for expenses (and can also affect investment holdings).
Consumers’ Research is engaged on informing consumers, elected officials, and those who make and oversee the implementation of regulations. We strive to make these bodies aware of the impacts that policies, regulations, and proposed legislation has on these value factors.
Our basic methodology for energy-related projects includes the following steps:
- Consumers’ Research conducts regular simple household surveys of American households to determine the beliefs Americans have as to what is driving the quality, safety, cost, availability, and variety of their energy-related expenditures.
- We conduct research into the driving forces behind these same value factors.
- We identify the greatest gaps between consumer knowledge and consumer reality, focusing first on those gaps in safety that represent a hazard to the consumer.
- Consumers’ Research, in addition to publishing the findings of our surveys and research, conducts an education campaign to promote the results of our research to better inform consumers.
Our current projects involves research into gasoline and consumer fuel prices, measuring the true value of traditional and alternative energy sources, and the impact of energy costs on the American consumer.
Bookmark and revisit this page to stay up to date on our energy-related issues and research.