Item Type |
Journal paper
|
Abstract |
The wider diffusion of solar photovoltaics (PV) is crucial to lower the environmental impact of the residential sector, which is responsible for a large share of energy consumption in many industrialized countries, including Switzerland. By conducting an adaptive choice-based conjoint (ACBC) with a representative sample of Swiss homeowners planning to undertake a roof renovation project, we investigate the extent to which financial and non-financial factors drive homeowners’ preferences for PV in Switzerland. We reveal that the color and country of origin of the PV modules are the main drivers for increasing share of preference for PV. In addition, we estimate the price premium that homeowners are willing to payfor building-integrated PV (BIPV) versus rack-mounted PV. We find a premium in willingness to pay of 21.79% for a roof with a BIPV installation in comparison with a rack-mounted PV installation. We further show that an increase in revenues from electricity sales (e.g. via feed-in tariffs), when transparently disclosed over an aggregated time frame, would be almost equally effective in spurring demand for PV as a decrease of initial investment costs (e.g. via one-off investment grants). Implications for energy policy and marketing are discussed. |
Authors |
Hille, Stefanie; Curtius, Hans Christoph & Wüstenhagen, Rolf |
Projects |
Wüstenhagen, Prof. Dr. Rolf; Hille, Dr. Stefanie Lena; Curtius, Dr. Hans; Petrovich, Beatrice & Stauch, Alexander
(2014)
ACTIVE INTERFACES - Understanding consumer and investor preferences to overcome barriers for a large use of BIPV in the Swiss urban context
[applied research project]
|
Journal or Publication Title |
Energy and Buildings |
Language |
English |
Subjects |
business studies |
HSG Classification |
contribution to scientific community |
HSG Profile Area |
SoM - Business Innovation |
Refereed |
Yes |
Date |
March 2018 |
Publisher |
Elsevier Science |
Place of Publication |
Amsterdam [u.a.] |
Volume |
162 |
Page Range |
21-31 |
Number of Pages |
11 |
ISSN |
0378-7788 |
ISSN-Digital |
1872-6178 |
Publisher DOI |
https://doi.org/10.1016/j.enbuild.2017.11.070 |
Official URL |
http://www.sciencedirect.com/science/article/pii/S... |
Contact Email Address |
rolf.wuestenhagen@unisg.ch |
Depositing User |
Prof. Dr. Rolf Wüstenhagen
|
Date Deposited |
09 Jan 2018 11:35 |
Last Modified |
22 Mar 2023 01:25 |
URI: |
https://www.alexandria.unisg.ch/publications/253227 |