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Factors influencing German house owners' preferences on energy retrofits
Achtnicht, Martin
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Madlener, Reinhard
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URL:
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https://ub-madoc.bib.uni-mannheim.de/32399
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URN:
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urn:nbn:de:bsz:180-madoc-323996
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Dokumenttyp:
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Arbeitspapier
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Erscheinungsjahr:
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2012
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Titel einer Zeitschrift oder einer Reihe:
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ZEW Discussion Papers
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Band/Volume:
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12-042
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Ort der Veröffentlichung:
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Mannheim
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Sprache der Veröffentlichung:
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Englisch
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Einrichtung:
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Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
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MADOC-Schriftenreihe:
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Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
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Fachgebiet:
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330 Wirtschaft
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Fachklassifikation:
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JEL:
C25 , D12 , Q40,
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Freie Schlagwörter (Englisch):
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Building energy retrofit , choice experiment , energy efficiency , residential buildings
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Abstract:
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In this paper, we identify key drivers and barriers for the adoption of
building energy retrofits in Germany, which is promoted by public policy
as an important measure to address the future challenges of climate change
and energy security. We analyze data from a 2009 survey of more than 400
owner-occupiers of single-family detached, semidetached, and row houses
in Germany, that was conducted as a computer-assisted personal interview
(CAPI). In the survey, respondents were asked directly for reasons for and
against retrofitting their homes, but also faced a choice experiment involving
different energy retroft measures. Overall, both the descriptive and econo-
metric results show that house owners who are able to afford it financially,
for whom it is profitable, and for whom there is a favorable opportunity, are
more likely to undertake energy retrofit activities. Based on an estimated
mixed logit error component model, we also simulate the incentive effects of
different policy options, such as public subsidies and energy tax increases.
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