Blackouts and green energy adoption: Evidence from Kenya
This study investigates willingness to pay for solar products among small businesses in Nakuru County, Kenya
Abstract
Despite its benefits, solar is under adopted due to credit constraints and limited willingness to pay (WTP). The authors evaluate the effectiveness of down payment subsidies versus repayment subsidies in facilitating adoption. Their findings indicate that both subsidy types increase adoption rates, with liquidity-constrained firms particularly responsive to financial support.
This paper is part of the Private Enterprise Development in Low-Income Countries (PEDL) programme.
Citation
Zhang J and others. ‘Blackouts and green energy adoption: Evidence from Kenya’ PEDL Research Note, 2025