IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v131y2017icp98-108.html
   My bibliography  Save this article

An analysis of the ENERGY STAR® program in Alachua County, Florida

Author

Listed:
  • Li, Huan
  • Carrión-Flores, Carmen E.

Abstract

ENERGY STAR® certification, as a voluntary label, represents a residence that is designed and built to use 30% less energy than its counterparts. We examine the effectiveness of this program using monthly residential energy consumption data for residences in Alachua County, Florida between 2000 and 2013. Our sample represents about 25% of the ENERGY STAR® qualified homes in the area. We use panel models and a modified repeat sales approach to estimate energy savings of ENERGY STAR® residences relative to Non-ENERGY STAR® ones, while controlling for the bundle of house attributes, spatial and temporal fixed effects, changes in the Florida State Building Code (FBC), and household changes. Our results indicate that ENERGY STAR® residences have a long term, greater energy efficiency savings over Non-ENERGY STAR® houses. Thus, the ENERGY STAR® residential program can be seen as an environmentally conscious housing practice that addresses economic and environmental dimensions.

Suggested Citation

  • Li, Huan & Carrión-Flores, Carmen E., 2017. "An analysis of the ENERGY STAR® program in Alachua County, Florida," Ecological Economics, Elsevier, vol. 131(C), pages 98-108.
  • Handle: RePEc:eee:ecolec:v:131:y:2017:i:c:p:98-108
    DOI: 10.1016/j.ecolecon.2016.08.014
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S092180091530505X
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.ecolecon.2016.08.014?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bruegge, Chris & Carrión-Flores, Carmen & Pope, Jaren C., 2016. "Does the housing market value energy efficient homes? Evidence from the energy star program," Regional Science and Urban Economics, Elsevier, vol. 57(C), pages 63-76.
    2. Janda, Kathryn B. & Busch, John F., 1994. "Worldwide status of energy standards for buildings," Energy, Elsevier, vol. 19(1), pages 27-44.
    3. Yao, Runming & Li, Baizhan & Steemers, Koen, 2005. "Energy policy and standard for built environment in China," Renewable Energy, Elsevier, vol. 30(13), pages 1973-1988.
    4. Jeffrey A. Dubin & Allen K. Miedema & Ram V. Chandran, 1986. "Price Effects of Energy-Efficient Technologies: A Study of Residential Demand for Heating and Cooling," RAND Journal of Economics, The RAND Corporation, vol. 17(3), pages 310-325, Autumn.
    5. McMillen, Daniel P., 2003. "The return of centralization to Chicago: using repeat sales to identify changes in house price distance gradients," Regional Science and Urban Economics, Elsevier, vol. 33(3), pages 287-304, May.
    6. A. Greening, Lorna & Greene, David L. & Difiglio, Carmen, 2000. "Energy efficiency and consumption -- the rebound effect -- a survey," Energy Policy, Elsevier, vol. 28(6-7), pages 389-401, June.
    7. A. Colin Cameron & Douglas L. Miller, 2015. "A Practitioner’s Guide to Cluster-Robust Inference," Journal of Human Resources, University of Wisconsin Press, vol. 50(2), pages 317-372.
    8. Yueming Qiu, 2014. "Energy Efficiency and Rebound Effects: An Econometric Analysis of Energy Demand in the Commercial Building Sector," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 59(2), pages 295-335, October.
    9. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    10. Dora L. Costa & Matthew E. Kahn, 2010. "Why Has California's Residential Electricity Consumption Been So Flat since the 1980s?: A Microeconometric Approach," NBER Working Papers 15978, National Bureau of Economic Research, Inc.
    11. Vassileva, Iana & Wallin, Fredrik & Dahlquist, Erik, 2012. "Analytical comparison between electricity consumption and behavioral characteristics of Swedish households in rented apartments," Applied Energy, Elsevier, vol. 90(1), pages 182-188.
    12. Grant D. Jacobsen & Matthew J. Kotchen, 2013. "Are Building Codes Effective at Saving Energy? Evidence from Residential Billing Data in Florida," The Review of Economics and Statistics, MIT Press, vol. 95(1), pages 34-49, March.
    13. Anin Aroonruengsawat, Maximilian Auffhammer, and Alan H. Sanstad, 2012. "The Impact of State Level Building Codes on Residential Electricity Consumption," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    14. Hassett, Kevin A. & Metcalf, Gilbert E., 1995. "Energy tax credits and residential conservation investment: Evidence from panel data," Journal of Public Economics, Elsevier, vol. 57(2), pages 201-217, June.
    15. Alcott, Blake, 2005. "Jevons' paradox," Ecological Economics, Elsevier, vol. 54(1), pages 9-21, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yu, Lu & Wu, Shuang & Jiang, Lu & Ding, Bowenpeng & Shi, Xiaonan, 2022. "Do more efficient buildings lead to lower household energy consumption for cooling? Evidence from Guangzhou, China," Energy Policy, Elsevier, vol. 168(C).
    2. Filippini, Massimo & Obrist, Adrian, 2022. "Are households living in green certified buildings consuming less energy? Evidence from Switzerland," Energy Policy, Elsevier, vol. 161(C).
    3. Madad, A. & Gharagozlou, A. & Majedi, H. & Monavari, S.M., 2019. "A quantitative representation of the urban green building model, focusing on local climatic factors by utilizing monetary valuation," Ecological Economics, Elsevier, vol. 161(C), pages 61-72.
    4. Sun, Bixuan, 2018. "Heterogeneous direct rebound effect: Theory and evidence from the Energy Star program," Energy Economics, Elsevier, vol. 69(C), pages 335-349.
    5. Apriesnig, Jenny L. & Manning, Dale T. & Suter, Jordan F. & Magzamen, Sheryl & Cross, Jennifer E., 2020. "Academic stars and Energy Stars, an assessment of student academic achievement and school building energy efficiency," Energy Policy, Elsevier, vol. 147(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aydin, Erdal, 2016. "Energy conservation in the residential sector : The role of policy and market forces," Other publications TiSEM b9cedba8-1310-4097-90fb-b, Tilburg University, School of Economics and Management.
    2. Ramos, A. & Gago, A. & Labandeira, X. & Linares, P., 2015. "The role of information for energy efficiency in the residential sector," Energy Economics, Elsevier, vol. 52(S1), pages 17-29.
    3. Agarwal, Sumit & Satyanarain, Rengarajan & Sing, Tien Foo & Vollmer, Derek, 2016. "Effects of construction activities on residential electricity consumption: Evidence from Singapore's public housing estates," Energy Economics, Elsevier, vol. 55(C), pages 101-111.
    4. Davis, Lucas & Martinez, Sebastian & Taboada, Bibiana, 2018. "How Effective is Energy-efficient Housing?: Evidence From a Field Experiment in Mexico," IDB Publications (Working Papers) 8767, Inter-American Development Bank.
    5. Anna Alberini, Will Gans, and Charles Towe, 2016. "Free Riding, Upsizing, and Energy Efficiency Incentives in Maryland Homes," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    6. Suter, Jordan F. & Shammin, Md Rumi, 2013. "Returns to residential energy efficiency and conservation measures: A field experiment," Energy Policy, Elsevier, vol. 59(C), pages 551-561.
    7. Levinson, Arik, 2014. "California energy efficiency: Lessons for the rest of the world, or not?," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PA), pages 269-289.
    8. Hilber, Christian A.L. & Palmer, Charles & Pinchbeck, Edward W., 2019. "The energy costs of historic preservation," Journal of Urban Economics, Elsevier, vol. 114(C).
    9. Bishwa Koirala & Alok Bohara & Hui Li, 2013. "Effects of energy-efficiency building codes in the energy savings and emissions of carbon dioxide," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 15(3), pages 271-290, July.
    10. Arik Levinson, 2014. "How Much Energy Do Building Energy Codes Really Save? Evidence from California," NBER Working Papers 20797, National Bureau of Economic Research, Inc.
    11. Kenneth Gillingham & Karen Palmer, 2014. "Bridging the Energy Efficiency Gap: Policy Insights from Economic Theory and Empirical Evidence," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(1), pages 18-38, January.
    12. Pride, Dominique & Little, Joseph & Mueller-Stoffels, Marc, 2018. "The value of residential energy efficiency in interior Alaska: A hedonic pricing analysis," Energy Policy, Elsevier, vol. 123(C), pages 450-460.
    13. Copiello, Sergio, 2017. "Building energy efficiency: A research branch made of paradoxes," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 1064-1076.
    14. Bruegge, Chris & Carrión-Flores, Carmen & Pope, Jaren C., 2016. "Does the housing market value energy efficient homes? Evidence from the energy star program," Regional Science and Urban Economics, Elsevier, vol. 57(C), pages 63-76.
    15. Davis, Lucas W. & Martinez, Sebastian & Taboada, Bibiana, 2020. "How effective is energy-efficient housing? Evidence from a field trial in Mexico," Journal of Development Economics, Elsevier, vol. 143(C).
    16. Diewert, Erwin & Shimizu, Chihiro, 2015. "Residential Property Price Indices For Tokyo," Macroeconomic Dynamics, Cambridge University Press, vol. 19(8), pages 1659-1714, December.
    17. Alcott, Blake, 2008. "The sufficiency strategy: Would rich-world frugality lower environmental impact," Ecological Economics, Elsevier, vol. 64(4), pages 770-786, February.
    18. Karen Turner, 2013. ""Rebound" Effects from Increased Energy Efficiency: A Time to Pause and Reflect," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    19. Mai, Nhat Chi, 2018. "도이모이 이후 베트남의 주거 이동, 선택, 가격 결정요인 연구: 호치민시 사례 중심으로," OSF Preprints 6kdfy, Center for Open Science.
    20. Peng, Ying & Tian, Chuanhao & Wen, Haizhen, 2021. "How does school district adjustment affect housing prices: An empirical investigation from Hangzhou, China," China Economic Review, Elsevier, vol. 69(C).

    More about this item

    Keywords

    ENERGY STAR®; Residential Energy Efficiency; Building Code; Residential Energy Consumption;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:131:y:2017:i:c:p:98-108. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.