Unveiling the Impact of Energy Labels on House Energy Consumption

Abstract

[""Abstract Energy efficiency and sustainability in residential properties are of increasing importance in addressing environmental concerns and reducing energy consumption. This study focuses on the relationship between energy labels and energy consumption in residential properties. Two datasets, the EP dataset and the Funda dataset, were utilized to analyze the potential cost savings associated with upgrading energy labels. The aim was to determine the impact of energy label changes on primary fossil energy consumption and predict energy consumption based on relevant variables. Here we show that upgrading energy labels leads to a significant reduction in primary fossil energy consumption, with potential cost savings ranging from €19.73 to €123.78 per year. Linear regression model accurately predicts energy consumption and demonstrates the effectiveness of energy label improvements in achieving energy efficiency. The findings highlight the importance of energy labels in promoting energy efficiency and provide insights for energy renovations in the future. This study contributes to the understanding of energy efficiency in the residential sector. Future research can expand to renovation loans and their interest rates to upgrade a residential home’s energy label to A.""]