The Value of Energy Performance and Green Attributes in Buildings: A Review of Existing Literature and Recommendations for Future Research

Our Friends at LBNL have come out with this interesting study compiling a number of the existing research out there regarding the value of energy and green labeling and certification at time of sale.  

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Labels, certifications and rating systems for energy efficient performance and "green" attributes of buildings can make energy efficiency more visible, and could help spur demand for energy efficiency if these designations are shown to have a positive impact on sales or rental prices. This policy brief discusses the findings and methodologies from five recent studies on this topic, and offers recommendations for communities looking to promote adoption of energy efficiency and "green" certifications and for researchers who want to add to this body of work. 

Findings from the handful of studies in the past 10 years that have investigated these effects provide some evidence that homeowners and commercial property buyers and renters may pay more for energy efficient buildings. However given the limited number of studies, more research is needed, and collaborative efforts to promote label adoption and build larger datasets of certified buildings will be required to produce increasingly reliable study results. 

• Full text can be downloaded HERE.