Eres : Digital Library : Works

Paper eres2016_153:
The Value of Energy Efficiency and the Role of Expected Heating Costs

id eres2016_153
authors Mense, Andreas
year 2016
title The Value of Energy Efficiency and the Role of Expected Heating Costs
source 23rd Annual European Real Estate Society Conference in Regensburg, Germany
summary The German Energy Savings Act (Energieeinsparverordnung) requires sellers on the housing market to provide detailed information on expected yearly energy consumption per square meter. This paper uses variation of energy use and heating costs from local fuel prices, climatic conditions, and fuel types to analyze the relationship between expected energy cost savings from energy efficient building structure and house prices in a data set of listingprices from all regions of Germany. Furthermore, the role of building age for the value of energy efficiency is considered. Results suggest that agents are aware of the investment dimension of energy efficiency improvements, but not allimportant aspects are taken into account.
series ERES:conference
type paper session
discussion No discussions. Post discussion ...
ratings
session Sustainable Real Estate
last changed 2017/11/18 16:16
HOMELOGIN (you are user _anon_786485 from group guest) Powered by SciX Open Publishing Services 1.002