Investigating the Financial Feasibility of Energy-Efficient Appliances Used in Homes
Document Type
Conference Proceeding
Publication Date
5-26-2022
Abstract
In the U.S., the residential sector accounts for 21% of all energy use. The adoption of energy efficient appliances can, in part, help reduce site energy consumption in the residential sector. In turn, such reduction will lead to lower monthly utility bills, as well as lessening the carbon footprint formed by the residential energy use. The literature, as well as green building guidelines, such as LEED V4 for homes, recommend the use of energy-efficient appliances. However, the initial cost of these appliances can be significant. As such, there is a need to assess the economy of replacing traditional appliances with energy-efficient ones to ensure the financial feasibility of such approach. This paper presents a preliminary framework that defines and describes the interrelationship between the main parameters needed to conduct a comprehensive life-cycle cost analysis to determine the feasibility of investing in energy efficient appliances in the home.
Recommended Citation
Abdel-Raheem, M., Garcia, M., Pruneda, M. (2023). Investigating the Financial Feasibility of Energy-Efficient Appliances Used in Homes. In: Walbridge, S., et al. Proceedings of the Canadian Society of Civil Engineering Annual Conference 2021. CSCE 2021. Lecture Notes in Civil Engineering, vol 247. Springer, Singapore. https://doi.org/10.1007/978-981-19-0968-9_9
Publication Title
Proceedings of the Canadian Society of Civil Engineering Annual Conference 2021
DOI
10.1007/978-981-19-0968-9_9
Comments
© 2023 Canadian Society for Civil Engineering
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