A new policy brief on the value of energy performance and green attributes in buildings, authored by Elizabeth Stuart, is available.
Labels, certifications, and rating systems for energy efficiency performance and "green" attributes of buildings have been available in the U.S. for over 10 years, and used extensively in the European Union and Australia for longer. Such certifications and ratings 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 recent studies on this topic, and suggests recommendations for future research. Although there have been just a handful of studies within the last 10 years that have investigated these effects, a few key findings have emerged.