If you’re planning to renovate your home, you may want to know what benefits you can expect. These benefits can help you improve your home’s energy efficiency, make it more appealing to your family and neighbors, and increase its value.
Improve efficiency
The energy efficiency gap is between the technical potential of energy saving technologies and the economic potential of implementing them. This is a barrier that inhibits rational energy saving decisions. As a result, many policy interventions are designed to remove or strengthen these barriers.
One such intervention is applied behavioural research. It aims to understand how renovation decisions are made and what drives them. Applied behavioural research uses a series of studies that draw on a wide range of literature to investigate the factors influencing household decision-making. These include information barriers, personal influences and structural changes.
Using a behavioural approach, researchers can describe the motivations behind renovation decisions and assess the limitations to their effectiveness. Researchers can also offer policymakers information-based policies. For example, financial incentives can increase the likelihood that homeowners will undertake efficiency measures. Other policies can encourage neighbourhood and community programmes that improve social communication on energy efficiency.
While applied behavioural research has its detractors, it can provide a clear analytical framework for understanding the renovation decision process. The research draws on microeconomics, social psychology and grey literature.
Save money and energy
If you are considering a home renovation, consider incorporating energy efficient measures. Energy efficient renovations not only save money, but they can also help improve the comfort of your home. And you may even qualify for rebates and tax credits.
One of the most cost effective ways to save energy is by air sealing. Leaks from vents, fans and window frames can cause big energy bills. Sealing your windows and doorways can improve insulation and make your home more comfortable.
Energy efficient light bulbs are a great way to reduce your energy bill. They use only a fraction of the energy an incandescent bulb uses. You can even control your lighting from your phone or smart speaker.
Another home improvement that is more than just a pretty picture is a smart thermostat. These devices learn your daily patterns and automatically adjust the temperatures in your home. This can save you up to 10 percent on your heating and cooling costs.
If you’re planning to renovate your home, you may want to know what benefits you can expect. These benefits can help you improve your home’s energy efficiency, make it more appealing to your family and neighbors, and increase its value.
Improve efficiency
The energy efficiency gap is between the technical potential of energy saving technologies and the economic potential of implementing them. This is a barrier that inhibits rational energy saving decisions. As a result, many policy interventions are designed to remove or strengthen these barriers.
One such intervention is applied behavioural research. It aims to understand how renovation decisions are made and what drives them. Applied behavioural research uses a series of studies that draw on a wide range of literature to investigate the factors influencing household decision-making. These include information barriers, personal influences and structural changes.
Using a behavioural approach, researchers can describe the motivations behind renovation decisions and assess the limitations to their effectiveness. Researchers can also offer policymakers information-based policies. For example, financial incentives can increase the likelihood that homeowners will undertake efficiency measures. Other policies can encourage neighbourhood and community programmes that improve social communication on energy efficiency.
While applied behavioural research has its detractors, it can provide a clear analytical framework for understanding the renovation decision process. The research draws on microeconomics, social psychology and grey literature.
Save money and energy
If you are considering a home renovation, consider incorporating energy efficient measures. Energy efficient renovations not only save money, but they can also help improve the comfort of your home. And you may even qualify for rebates and tax credits.
One of the most cost effective ways to save energy is by air sealing. Leaks from vents, fans and window frames can cause big energy bills. Sealing your windows and doorways can improve insulation and make your home more comfortable.
Energy efficient light bulbs are a great way to reduce your energy bill. They use only a fraction of the energy an incandescent bulb uses. You can even control your lighting from your phone or smart speaker.
Another home improvement that is more than just a pretty picture is a smart thermostat. These devices learn your daily patterns and automatically adjust the temperatures in your home. This can save you up to 10 percent on your heating and cooling costs.
