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Determinants of household energy efficiency investment: analysis of refrigerator purchasing behavior

Authors :
Shigeru Matsumoto
Makoto Sugino
Jiaxing Wang
Source :
International Journal of Economic Policy Studies. 13:389-402
Publication Year :
2019
Publisher :
Springer Science and Business Media LLC, 2019.

Abstract

Previous studies have reported that households tend to not choose an energy-efficient appliance even if appropriate energy-saving information is provided. To identify the determinants of energy efficiency investment, we conducted a household survey in the Tokyo metropolitan area. Specifically, we collect product model information for the refrigerator that a household owns and calculate the yearly loss incurred from choosing a less efficient model. We then identify socioeconomic characteristics of households that are associated with these yearly losses. We find that wealthy households with many family members tend to purchase inefficient models. We also find that a house-renter with a high income is more likely to purchase an energy-inefficient model. A program targeted at such households could be effective for increasing energy savings in the residential sector.

Details

ISSN :
18814387 and 25244892
Volume :
13
Database :
OpenAIRE
Journal :
International Journal of Economic Policy Studies
Accession number :
edsair.doi...........052ef40f299e2874b564901d9d686dd3
Full Text :
https://doi.org/10.1007/s42495-019-00014-0