The Impact of Energy Policies on the Energy Efficiency Performance of Residential Properties in Portugal

The effect of energy policies on the energy performance of residential properties/houses in nineteen Portuguese districts from 2014 to 2021 was investigated. A linear random-effects model regression was used as the method in this empirical investigation. The empirical results indicated that the income per capita has a negative effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a positive impact on residential properties with low energy efficiency certificates (e.g., C, D, E, and F); the codes and standards energy policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A, B, and B-) and residential properties with low energy efficiency certificates (e.g., C, D, E, and F); the fiscal and financial incentive policies for energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a negative effect on residential properties with B- energy certificate, and also a negative effect on residential properties with low energy efficiency certificates (e.g., C and D) and a positive effect on residential properties with an F energy certificate; the information and education policies of energy efficiency have a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and residential properties with low energy efficiency certificates (e.g., C, D, and E); and, finally, the consumer credit per capita has a positive effect on residential properties with high energy efficiency certificates (e.g., A+, A, and B) and a negative effect on residential properties with low energy efficiency certificates (e.g., C, D, and F), as well as a positive effect on residential properties with an F energy certificate.

Automated summary

This study investigates the impact of energy policies on the energy performance of residential properties in nineteen districts of Portugal from 2014 to 2021. The empirical results show that income per capita has a negative effect on highly energy-efficient properties and a positive effect on properties with low energy efficiency. Codes and standards energy policies have a positive effect on both high and low energy-efficient properties. Fiscal and financial incentive policies have different effects on properties with different energy efficiency levels. Information and education policies have a positive effect on both high and low energy-efficient properties. Consumer credit per capita has different effects on properties with different energy efficiency levels.