Residential renovations: Understanding cost-disruption trade-offs

John Curtis, Gianluca Grilli and Muireann Lynch

Energy Policy, 2024, vol. 192, issue C

Abstract: Disruption and mess associated with energy efficiency retrofits is one aspect that is rarely considered in studies investigating households’ preferences for energy renovations. Using a choice experiment, we estimate a price for residential retrofit disruption, finding it represents a substantial proportion of associated energy cost savings among some households. There is considerable variance in willingness to pay for both energy cost savings and disruption avoidance, consistent with experience of many households investing in energy retrofits but also of government retrofit schemes falling far short of policy targets. Just 1-in-4 households are actively receptive to retrofit policy supports, and disruption posing a significant barrier to undertaking energy retrofits, means both contribute to the slow progress against public policy targets to improve residential energy efficiency.

Keywords: Disruption; Barrier; Retrofit; Energy efficiency (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421524002271
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:192:y:2024:i:c:s0301421524002271

DOI: 10.1016/j.enpol.2024.114207

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().