Proceedings of
5th International Conference on Advances in Social Science, Management and Human Behaviour SMHB 2017
"MACROECONOMIC IMPACT OF THE IMPLEMENTATION OF ENERGY EFFICIENCY HOUSES IN RUSSIA"
Abstract: “The purpose of this study is to evaluate the macroeconomic effect of building energy-efficient houses in Russia. One-time investments for energy-efficient house are higher than for standard one due to additional costs of energy saving equipment and technologies, but they lead to specific savings in operating costs per each year of exploitation. As a result, total costs of ownership for a standard and energy-efficient house differ in favor of energy-efficient one. We calculate the payback period for additional investments in energy-efficiency for different climatic zones in Russia and accumulated savings for different scenarios of growth of energy-efficient house building share in total house building in Russia.”
Keywords: energy efficiency, methodology, housing, decision maker, state policy