University of California-Santa Barbara economists have studied Duke Energy Corp. electricity bills and found that Indianaâ??s switch to daylight-saving time in 2006 cost Duke households $8.6 million extra. Duke operates in the southern and central part of the state.
Why? Heavier use of air-conditioning outweighed savings in electricity directed to lights, long a staple in the argument for moving the clocks ahead.
The study, reported in todayâ??s Wall Street Journal, didnâ??t attempt to find whether daylight-saving time lowered crime and other benefits cited by backers.
How do you like daylight-saving time?