“Show Me the Energy Costs”: Short and Long-term Energy Cost Disclosure Effects on Willingness-to-pay for Residential Energy Efficiency
通过随机离散选择实验，研究租房决策中能源成本信息的不同呈现方式（物理单位、短期货币、长期货币）对能效支付意愿的影响，发现长期货币成本信息能显著提升支付意愿。
Imperfect information on future energy costs can lower the demand for more energy efficient technologies, with clear implications for energy supply, emissions and climate change. These hypotheses are explored using a randomised discrete choice experiment for property rental decisions. Results show that when energy consumption is expressed in physical units (as per the current EU labels) the will-ingness-to-pay for energy efficiency improvements is small and marginally significant. While bimonthly energy cost information displayed in monetary terms has no effect on the valuation of energy efficiency, annual monetary energy cost information led to a significant increase. This is the first paper to compare short and long-term point of sale energy cost information for household property decisions. There are clear implications for labelling policy for properties—framing energy consumption according to long-term monetary cost increases the demand for energy efficiency.