Could this be a solution just for developing countries? And what are the behavioral consequences of the increased control over expenditures given by pay-as-you-go electricity when credit constraints are not binding? An interesting working paper to find out
Pay-as-you-go electricity
Pay as You Go: Pre-paid Metering and Electricity Expenditures in South Africa | |
B. Kelsey Jack and Grant Smith | |
Working paper Tufts University |