Subsidy as an agent to enhance the effectiveness of the energy performance certificate

Charles McGilligan, Minna Sunikka-Blank, Sukumar Natarajan

Research output: Contribution to journalArticle

  • 15 Citations

Abstract

Since more than two-thirds of the United Kingdom housing stock in 2050 will comprise houses that have already been built, the need for a focus of policy on the already-built private housing stock is apparent. This study examines the impact that subsidy can make in bolstering the performance of the Energy Performance Certificate by reducing carbon emissions in the residential sector. The results of a survey of new homeowners’ uptake of nine commonly installed energy saving measures in response to subsidy are examined. A cost–benefit analysis is performed using the recently introduced concept of the Shadow Price of Carbon and a model is presented which allows the carbon savings for any level of subsidy to be calculated. The model suggests that subsidisation of the installation of hot water tank insulation, draught proofing measures, loft insulation and cavity wall insulation may be cost-effective, but that the subsidisation of others, most notably interior solid wall insulation, are unlikely to significantly bolster carbon savings.
LanguageEnglish
Pages1272-1287
Number of pages16
JournalEnergy Policy
Volume38
Issue number3
Early online date16 Dec 2009
DOIs
StatusPublished - Mar 2010

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insulation
Insulation
Carbon
energy
savings
carbon
Water tanks
Cost benefit analysis
homeowner
cost-benefit analysis
carbon emission
Energy conservation
cavity
subsidy
cost
Costs

Keywords

  • Residential carbon savings
  • Energy Performance Certificate
  • Subsidy

Cite this

Subsidy as an agent to enhance the effectiveness of the energy performance certificate. / McGilligan, Charles; Sunikka-Blank, Minna; Natarajan, Sukumar.

In: Energy Policy, Vol. 38, No. 3, 03.2010, p. 1272-1287.

Research output: Contribution to journalArticle

McGilligan, Charles ; Sunikka-Blank, Minna ; Natarajan, Sukumar. / Subsidy as an agent to enhance the effectiveness of the energy performance certificate. In: Energy Policy. 2010 ; Vol. 38, No. 3. pp. 1272-1287
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