Impact of financial assumptions on the cost optimality towards nearly zero energy buildings - a case study
Abstract
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The ultimate test of the business case for high performance low carbon building is to consider how the human benefits of these buildings could be reliably quantified to prove beyond all doubt the positive Return on Investment (ROI). After all, staff costs, including salaries and benefits, typically account for about 90% of business operating costs.
This paper introduces the major state-level regulations and policies for improving energy efficiency in buildings. The purpose of the review is to discuss the challenges and issues in policy implementation and the latest trend in adopting innovative instruments. The implementation of customer efficiency programs increasingly incorporates non-price instruments to encourage participation and deep savings. States pay attention to not only code adoption and update but also compliance and evaluation.