Housing characteristics and the effects on domestic energy expenditure

Neil Dunse and Sotirios Thanos

ERES from European Real Estate Society (ERES)

Abstract: Investment in energy efficiency is an important policy target area, with the domestic sector being a major contributor to the total UK energy consumption, but also having potential for significant reductions. This research estimates econometric models for the domestic energy expenditure in the UK. These models include a number of relevant household socioeconomics characteristics along with income levels. Exploiting the gaps in the literature, we specifically focus on the effects of dwelling attributes on energy spending, aiming to produce policy relevant results. This study employs the latest data from the English Housing Conditioning Survey (EHCS) of 30,926 observations collected from April 2006 to March 2010. The results of the econometric model will provide monetary estimates for the effects on energy expenditure by a number of dwelling attributes which can be useful for example to local authorities in informing their housing policy objectives or developers and housing market participant who have energy efficiency targets.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2012-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2012_274

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