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dc.contributor.authorComerford, David Aen_UK
dc.contributor.authorLange, Ianen_UK
dc.contributor.authorMoro, Mirkoen_UK
dc.description.abstractHow to induce households to install energy efficient technology remains a puzzle. Could an energy labeling requirement for residential real estate help? We propose that the salient color-letter grades on the English Energy Performance Certificate (EPC) served as targets, motivating vendors to invest in energy efficiency. To test our hypothesis we look to a random sample of over 16,000 homes in England. In the post-EPC data we find a cluster of homes with energy efficiency scores just above the D-grade threshold. This cluster was not present prior to the requirement, replicates in an independently-drawn random sample and is significantly larger amongst properties that can be identified as treated by the EPC requirement. We conclude that the EPC requirement induced investment, and hence that energy efficiency labels have potential to green the housing stock. We infer from our analysis how the design of the EPC could be altered to motivate greater investment in energy efficiency.en_UK
dc.relationComerford DA, Lange I & Moro M (2018) Proof of concept that requiring energy labels for dwellings can induce retrofitting. Energy Economics, 69, pp. 204-212.
dc.rightsThis item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. Accepted refereed manuscript of: Comerford DA, Lange I & Moro M (2018) Proof of concept that requiring energy labels for dwellings can induce retrofitting, Energy Economics, 69, pp. 204-212. DOI: 10.1016/j.eneco.2017.11.013 © 2017, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
dc.subjectEnergy labelsen_UK
dc.subjectSelective attentionen_UK
dc.subjectResidential energy useen_UK
dc.subjectEnergy efficiency gapen_UK
dc.titleProof of concept that requiring energy labels for dwellings can induce retrofittingen_UK
dc.typeJournal Articleen_UK
dc.rights.embargoreason[26.9.17 Energy Label Retrofitting Energy Econ.pdf] Publisher requires embargo of 18 months after formal publication.en_UK
dc.citation.jtitleEnergy Economicsen_UK
dc.type.statusAM - Accepted Manuscripten_UK
Appears in Collections:Economics Journal Articles

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