IDEAS home Printed from https://ideas.repec.org/p/cee/wpcepe/06-47.html
   My bibliography  Save this paper

An Analysis of Direct and Indirect Benefits and Costs of Energy-Efficiency Attributes in Residential Buildings

Author

Listed:
  • Martin Jakob

    (Center for Energy Policy and Economics CEPE, Department of Management, Technology and Economics, ETH Zurich, Switzerland)

  • Martin Baur

    (econcept AG, Gerechtigkeitsgasse 20, 8002 Zürich)

  • Walter Ott

    (econcept AG, Gerechtigkeitsgasse 20, 8002 Zürich)

Abstract

Deutsch Nichtenergetische Zusatznutzen wie Wohnkomfortverbesserungen, weniger Aussenlärm und bessere Raumluftqualität, spielen bei Energieeffizienzinvestitionen eine wichtige Rolle, werden aber noch zuwenig bei Investitionsentscheidungen beachtet. Die präsentierte Studie identifiziert und monetarisiert die wichtigsten Zusatznutzen von Energieeffizienzmassnahmen, indem durch verschiedene ökonomische Analysemethoden (Discrete Choice Analyse, Hedonic Regression, Contingent Valuation) Zahlungsbereitschaften für die entsprechenden Energieeffizienzmassnahmen ermittelt werden. Die Ergebnisse der Studie zeigen, dass Wohnkomfort bei Energieeffizienzmassnahmen eine wichtige Rolle spielt und dass dafür eine nicht unerhebliche Zahlungsbereitschaft der BewohnerInnen vorhanden ist. Die Zahlungsbereitschaft übersteigt die Kosten der Massnahmen in den meisten Fällen und bei einem Grossteil der Bevölkerung. Um diese Zahlungsbereitschaft auf dem Markt nutzbar zu machen, ist es notwendig, Transparenz bezüglich Wohnqualitätsaspekten zu schaffen und diese durch geeignete Informations- und Kommunikationsmassnahmen ins Bewusstsein aller beteiligten Akteure (BewohnerInnen, InvestorInnen, ArchitektInnen, PlanerInnen, VerkäuferInnen) zu bringen. Angesichts der Bedeutung und der festgestellten monetären Wertschätzung dieser qualitativen Zusatznutzen müssen Energieeffizienzmassnahmen in Zukunft vermehrt unter dem Aspekt der Wohnqualitätssteigerung verkauft werden. Français Alors que les bénéfices supplémentaires de nature non énergétique, comme l’amélioration du confort d’habitation et de la qualité de l’air ambiant ou la diminution du bruit jouent un rôle important dans les investissements visant à augmenter l’efficacité énergétique, on ne tient que trop peu compte de cet aspect lors de la décision d’investissement. La présente étude identifie et monétarise les principaux bénéfices supplémentaires qu'offrent les mesures destinées à accroître l’efficacité énergétique, en définissant par diverses méthodes d’analyses économiques (analyse des choix discrets, régression hédonique, évaluation contingente) dans quelle mesure les acteurs sont disposés à payer pour ces bénéfices. Les résultats de l’étude montrent que le confort d’habitation revêt une grande importance dans les mesures d’efficacité énergétique et que les habitants sont largement disposés à payer pour l'obtenir. Cette disposition à payer va au-delà du coût des mesures dans la plupart des cas et pour la majeure partie de la population. Pour pouvoir utiliser cette propension à payer dans le cadre d'un marché, il faut créer de la transparence en ce qui concerne les aspects qualitatifs de l’habitat et sensibiliser tous les acteurs concernés (habitants, investisseurs, architectes, planificateurs, vendeurs), en informant et en communicant de manière appropriée. Vu l’importance et la valeur monétaire de ces bénéfices qualitatifs supplémentaires, la promotion des mesures d’efficacité énergétique devra davantage mettre l’accent sur l’augmentation de la qualité de l’habitation. English Co-benefits of energy efficiency investments such as increased comfort of living, reduced noise exposure, and improved indoor air quality are of considerable evidence. However in investment decisions these co-benefits are rarely taken into account. Using various economic estimation methods (discrete choice2, hedonic regression, contingent valuation), this study identifies and quantifies in monetary terms the most important cobenefits of energy efficiency measures. The results show that regarding energy efficiency measures, comfort of living plays a major role and that inhabitants express a non-negligible willingness to pay for it. The willingness to pay is larger than the costs of the energy efficiency measures in most cases and for a large part of the population. To utilise this willingness to pay in the market place it is necessary to establish transparency regarding comfort of living aspects and to raise awareness about these aspect among all involved actors (inhabitants, investors, architects, planners, promoters, vendors) by adequate information and communication measures. In view of the high relevance and the noticed economic valuation of the qualitative co-benefits energy efficiency measures have to be promoted with their related enhancements in terms of comfort of living.

Suggested Citation

  • Martin Jakob & Martin Baur & Walter Ott, 2006. "An Analysis of Direct and Indirect Benefits and Costs of Energy-Efficiency Attributes in Residential Buildings," CEPE Working paper series 06-47, CEPE Center for Energy Policy and Economics, ETH Zurich.
  • Handle: RePEc:cee:wpcepe:06-47
    as

    Download full text from publisher

    File URL: http://www.cepe.ethz.ch/publications/workingPapers/CEPE_WP47.pdf
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Silvia Banfi & Massimo Filippini & Andrea Horehájová, 2012. "Using a choice experiment to estimate the benefits of a reduction of externalities in urban areas with special focus on electrosmog," Applied Economics, Taylor & Francis Journals, vol. 44(3), pages 387-397, January.
    2. Reinhard Madlener & Carlos Henggeler Antunes & Luis C. Dias, 2006. "Multi-Criteria versus Data Envelopment Analysis for Assessing the Performance of Biogas Plants," CEPE Working paper series 06-49, CEPE Center for Energy Policy and Economics, ETH Zurich.
    3. Madlener, Reinhard & Koller, Martin, 2007. "Economic and CO2 mitigation impacts of promoting biomass heating systems: An input-output study for Vorarlberg, Austria," Energy Policy, Elsevier, vol. 35(12), pages 6021-6035, December.
    4. Martin Jakob, 2007. "The drivers of and barriers to energy efficiency in renovation decisions of single-family home-owners," CEPE Working paper series 07-56, CEPE Center for Energy Policy and Economics, ETH Zurich.
    5. Reinhard Madlener & Stefan Vögtli, 2006. "Diffusion of bioenergy in urban areas: socio-economic analysis of the planned Swiss wood-fired cogeneration plant in Basel," CEPE Working paper series 06-53, CEPE Center for Energy Policy and Economics, ETH Zurich.
    6. Miriam Berretta & Joshua Furgeson & Yue (Nicole) Wu & Collins Zamawe & Ian Hamilton & John Eyers, 2021. "Residential energy efficiency interventions: A meta‐analysis of effectiveness studies," Campbell Systematic Reviews, John Wiley & Sons, vol. 17(4), December.
    7. Silvia Banfi & Massimo Filippini & Andrea Horehájová, 2007. "Hedonic Price Functions for Zurich and Lugano with Special Focus on Electrosmog," CEPE Working paper series 07-57, CEPE Center for Energy Policy and Economics, ETH Zurich.

    More about this item

    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:cee:wpcepe:06-47. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Carlos Ordas (email available below). General contact details of provider: https://edirc.repec.org/data/cepetch.html .

    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.