BC3. Basque centre for climate change – Klima aldaketa ikergai

Cabecera publications
  1. Home
  2. Publications
  3. Policy Briefings

Publications

BC3 Working Papers

BC3 Policy Briefings

Evaluating the role of energy efficiency labels in the prices of household appliances: the case of refrigerators

Keywords:

Author(s): Ibon Galarraga, David R. Heres and Mikel González-Eguino

Date: 2011-04-28

Issue: 2011-05

  Download this Policy Briefings (228 KB.)


This article uses an statisticalmethod to estimate the price premium paid for the highest energy-efficiency label (A+) in the refrigerators market of the Basque Autonomous Community (Spain). The estimated figure is 8.9% of the final price or about 60 euro, which represents one third of the energy savings that a consumer gets during the lifetime of a refrigerator with the highest energy-efficiency label. This figure is then combined with the conditions from a theoretically supported demand systemto calculate the sensitivity of the demandfor refrigerators to own and cross-price variations. The results indicate that the demand for refrigerators with the highest energy-efficiency label is highly sensitive to price variations. The information presented here can bevery useful for policy design and analysis.

<< Back to the PB list




 
ecmware
Enterprise Platform
[X]
We use cookies of our own and of third parties to improve our services and to be able to offer you, by means of web browsing analysis, the best options.
If you continue browsing, we assume that you agree to their use. For further information, please click here.