This paper investigates the relationship between operating expenses and rents of Energy Star and LEED certified buildings in the Central and Eastern United States. Several studies have shown that sustainable buildings command a rent premium compared to comparable conventional buildings. Lower...

The effectiveness of investment subsidies depends on the existing array of regulatory and information mandates, especially in the energy efficiency space. Some consumers respond to information disclosure by purchasing energy-efficient durables (and thus may increase the inframarginal take-up of...

Office equipment is expected to be the fastest-growing segment of commercial energy use over the next 20 years, yet many aspects of office equipment energy use are poorly understood. User behavior, such as turning off devices at night or enabling power management (PM), influences energy use to a...

This paper investigates the effects of the energy efficiency and sustainability of commercial properties on the operating and stock performance of a sample of US REITs, providing insight into the net benefits of green buildings. We match data on LEED- and Energy Star-certified buildings with...

The Home Performance with ENERGY STAR Program (HPwES) was established to promote a comprehensive, whole-house approach to retrofits. It is currently administered by the U.S. Department of Energy (DOE) after being jointly administered by DOE and the U.S. Environmental Protection Agency (EPA)...

In this paper we estimate the impact of rebate policies in various US states on the share of sales of ENERGY STAR household appliances between 2001 and 2006. We use a difference-in-difference approach to exploit the variation in the rebate policies over time and across US states to estimate...

The Energy Star label program to promote the diffusion of energy efficient home appliances is arguably the most significant government effort to reduce U.S. residential energy consumption. Program effectiveness requires that consumers are aware of the labeling scheme and also change their...

In the United States, nearly 17 percent of greenhouse gas emissions come from residential energy use. Increases in energy efficiency for the residential sector can generate significant energy savings and emissions reductions. Consumer labels, such as USEPA’s Energy Star, promote conservation...

The Energy Star label program to promote the diffusion of energy efficient home appliances is arguably the most significant government effort to reduce U.S. residential energy consumption. Program effectiveness requires that consumers are aware of the labeling scheme and also change their...

This study examines how a $50 mail-in rebate influences consumer willingness-to-pay for an ENERGY STAR-certified refrigerator. Data collected from a 2009 U.S. online survey containing a hypothetical choice experiment. Results suggest that a rebate induces uncertainty about the quality of ENERGY...