Energy Efficiency https://doi.org/10.1007/s12053-018-9668-y ORIGINAL ARTICLE Rental tenants’ willingness-to-pay for improved energy efficiency and payback periods for landlords Matthew Collins · John Curtis Received: 17 May 2017 / Accepted: 19 April 2018 © Springer Science+Business Media B.V., part of Springer Nature 2018 Abstract Throughout the developed world, residen- tenants overvalued energy efficiency labels. Based on tial buildings in the rental sector exhibit lower levels tenants’ willingness-to-pay, investment payback peri- of energy efficiency than the owner-occupied build- ods for attic and cavity wall insulation are relatively ing stock. This study estimates Irish rental tenants’ short but prohibitively long for external wall insulation willingness-to-pay for energy efficiency improve- and solar heating retrofits. ments. A double-bounded dichotomous choice contin- gent valuation method is used to examine how much Keywords Willingness-to-pay · Rental markets · renters are willing to pay in their monthly rent for Double-bounded contingent valuation · Energy improved energy efficiency, measured via energy per- performance certificates formance certificates. Using an administrative dataset from a grant scheme for residential energy efficiency retrofits, we examine the upfront cost to landlords Introduction of engaging in energy efficiency retrofits and calcu- late associated payback periods. Tenants in Ireland The European Union has set a target
Energy Efficiency – Springer Journals
Published: May 29, 2018
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera