Arbeitspapier

Energy efficiency consultants as change agents? Examining the reasons for EECs’ limited success

Residential energy consumption has been increasingly singled out by public policies as a key area for potential emission reduction. The public implementation of energy efficiency consultants (EECs) as change agents aims at the diffusion of innovation in building efficiency and overcoming information asymmetries in the construction sector. However, the success of these measures has been described as low. We conducted a case study involving 17 in-depth expert interviews to examine the causes of this failure within the German institutional context. This analysis has important implications for EECs in general and other European countries. We show that credence good characteristics in the ECC market led to a low willingness to pay. Certification of EECs does not suffice to overcome information asymmetries. We also identify a mismatch between EECs and customer incentives. As top-down policies have failed to facilitate a viable EEC market, we recommend a greater role for private and private-public networks, the cutting of EEC subsidies and a closer alignment between climate policy goals and home owners’ economic efficiency considerations.

Sprache
Englisch

Erschienen in
Series: ifh Working Paper ; No. 1 (2015)

Klassifikation
Wirtschaft
Thema
asymmetric information
credence goods
labeling
change agents
energy audits

Ereignis
Geistige Schöpfung
(wer)
Feser, Daniel
Runst, Petrik
Ereignis
Veröffentlichung
(wer)
Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen (ifh)
(wo)
Göttingen
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Feser, Daniel
  • Runst, Petrik
  • Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen (ifh)

Entstanden

  • 2015

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