Consumer valuation of energy-saving features of residential air conditioners with hedonic and choice models

Matsumoto, Shigeru

doi:10.1007/s00181-017-1327-1

Cited by 5 publications

(1 citation statement)

References 33 publications

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“…In support of (Claudy, 2011) findings, the initial cost of installation of the microgeneration technologies has been found to be one of the main barriers to the adoption process. Analogous to (Matsumoto, 2018) study, the results suggests that a typical consumer under-invest in energy efficiency features. This implies that microgeneration installations are not valued in the property market.…”

Section: Discussionsupporting

confidence: 72%

Green energy pathways: differing perspectives to green energy transitions among homeowners

Chikandiwa,

Mutambara

2023

IJRBS

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The ostensible gravity of rapidly increasing the numbers of homeowners producing green electricity and heat energy in their homes cannot be overlooked for sustainability. However, there is a dearth of research on the existence of barriers to, and the drivers for energy switching among South African households. Thus, this article explored the reasons for the adoption and non-adoption of renewable energy technologies by examining the motivations for, as well as the barriers to the installation or retrofitting of the microgeneration technologies in KwaZulu-Natal a province of South Africa. The purposive sampling approach was used to collect data from 19 university academics through semi-structured interviews. The data were interpreted through content and descriptive analysis. The findings of the study indicated several reasons why house owners are motivated to adopt microgeneration technologies and this included self-sufficiency, saving on energy costs, the desire to protect the environment. On the other hand, the house owners put forward the following reasons for not adopting: high initial costs, lack of adequate information about the technologies, as well as the perceived complexity of the procurement process. These findings are essential for policy makers and other stakeholders, when developing policies and strategies to heighten the adoption rate of microgeneration. Based on the findings, it is recommended that the adoption process of the microgeneration should be well coordinated.

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Section: Discussionsupporting

confidence: 72%

Green energy pathways: differing perspectives to green energy transitions among homeowners

Chikandiwa,

Mutambara

2023

IJRBS

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The Innovative Model of the Public Energy Saving and Low Carbon Incentive Mechanism of the Carbon GSP System

Zhong

2024

Environmental Science and Engineering

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Willingness-to-Pay for Energy Efficiency: Evidence from the European Common Market

Kesselring

2023

Environ Resource Econ

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This paper explores the willingness-to-pay for energy efficiency by exploiting variation across products and countries within the EU market for household appliances. Based on scanner data at product-level, I use the hedonic method to estimate implicit prices for energy efficiency and derive implicit discount rates. The paper argues that the implicit price will be underestimated when energy consumption is not only a determinant of operating cost but also is positively associated with other features of a product. The empirical analysis confirms that estimates of the willingness-to-pay are higher when this effect is accounted for in the estimation. This is especially true of product types for which the heterogeneity of usage intensity is low. The results thus indicate that the energy efficiency gap is smaller than found in earlier studies.

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Consumer valuation of energy-saving features of residential air conditioners with hedonic and choice models

Cited by 5 publications

References 33 publications

Green energy pathways: differing perspectives to green energy transitions among homeowners

Green energy pathways: differing perspectives to green energy transitions among homeowners

The Innovative Model of the Public Energy Saving and Low Carbon Incentive Mechanism of the Carbon GSP System

Willingness-to-Pay for Energy Efficiency: Evidence from the European Common Market

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