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A Economic Feasibility Analysis of Building Energy Efficiency Rating System

  • Korea Real Estate Review
  • 2013, 23(1), pp.223-243
  • Publisher : korea real estate research institute
  • Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate

김태윤 1 Cho, Yongkyung 1 Lee, Sang Youb 1

1건국대학교

Accredited

ABSTRACT

The building energy efficiency rating(BEER) system is established for saving the energy in 2001. However, stakeholder who is the demander and supplier of construction works for supplying new housing has not participated this Institution. Therefore it is necessary to analysis the economic feasibility of BEER system. This study aims to figure the stakeholder’s NPV and IRR in order to suggest how to increase their participation. The result shows that supplier(construction company) gets more feasible cash flow than demander(residents). Besides, supplier can take several incentives additionally from government. Considering the future market situations of housing, BEER system should be changed to increase the demander’s participation.

Citation status

* References for papers published after 2023 are currently being built.