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DOI10.1016/j.enpol.2021.112523
Would you prefer to rent rather than own your new heating system? Insights from a discrete choice experiment among owner-occupiers in the UK
Schleich J.; Tu G.; Faure C.; Guetlein M.-C.
发表日期2021
ISSN0301-4215
卷号158
英文摘要By offering to rent energy technologies, energy suppliers and other companies may tap into new market segments, allowing them to preserve or increase market shares. Because such rental services can help overcome capital-related and other barriers to energy efficiency, they may also contribute to achieving ambitious energy and climate targets. Yet, empirical analyses of renting energy technologies are scarce. Employing a large-scale discrete choice experiment among owner-occupiers in the United Kingdom, this study explores households' willingness-to-pay for renting compared to owning their new heating system. The findings obtained from mixed logit models suggest that, on average, participants strongly dislike renting compared to owning their new heating system, in particular owner-occupiers who are older than 70 years. However, about a third of the sample is estimated to prefer renting. On average, participants also value heating cost savings associated with energy-efficient heating systems and longer warranty periods. Finally, the paper discusses implications for policy-makers and for providers of heating system rental services. © 2021 Elsevier Ltd
英文关键词Business model; Choice experiment; Energy efficiency; Heating systems; Renting
语种英语
scopus关键词Commerce; Competition; Heating; Heating equipment; Business models; Choice experiments; Discrete choice experiments; Energy; Energy suppliers; Energy technologies; Heating system; Market segment; Market share; Renting; Energy efficiency; empirical analysis; energy efficiency; heating; logit analysis; policy making; rental sector; willingness to pay; United Kingdom
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/256571
作者单位Grenoble Ecole de Management, 12 Rue Pierre Sémard, Grenoble, 38000, France; Fraunhofer Institute for Systems and Innovation Research, Breslauer Str. 48, Karlsruhe, 76139, Germany; Virginia Polytechnic Institute & State University, Blacksburg, VA, United States; European Centre for Environment and Human Health, University of ExeterUK, United Kingdom
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Schleich J.,Tu G.,Faure C.,et al. Would you prefer to rent rather than own your new heating system? Insights from a discrete choice experiment among owner-occupiers in the UK[J],2021,158.
APA Schleich J.,Tu G.,Faure C.,&Guetlein M.-C..(2021).Would you prefer to rent rather than own your new heating system? Insights from a discrete choice experiment among owner-occupiers in the UK.Energy Policy,158.
MLA Schleich J.,et al."Would you prefer to rent rather than own your new heating system? Insights from a discrete choice experiment among owner-occupiers in the UK".Energy Policy 158(2021).
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