Daylight savings time is inconvenient and doesn't save money!
Matthew Kotchen, an environmental economist at Yale, and colleagues could compare before-and-after electricity use across the state.
In their 2008 National Bureau of Economic Research study, the team found that lighting demand dropped, but the warmer hour of extra daylight tacked onto each evening led to more air-conditioning use, which canceled out the gains from reduced lighting and then some: Hoosiers paid higher electric bills than before DST, the study showed. DST led to a 1 percent overall rise in residential electricity use, costing the state an extra $9 million [source: http://www.nber.org/papers/w14429].
Let's end this antiquated practice!



