- Author
-
Petersen, S. R.
- Title
- Retrofitting Existing Housing for Energy Conservation: An Economic Analysis. Final Report.
- Coporate
- National Bureau of Standards, Washington, DC
Federal Energy Administration, Washington, DC
- Report
-
NBS BSS 064,
December 1974,
- Distribution
- Available from National Technical Information Service
- Keywords
-
residential alterations and repairs; energy conservation; residential buildings; benefit cost analysis; space heating; thermal insulation; economic analysis; ventilation; cooling; cost engineering; savings; thermal efficiency; weather stripping
- Identifiers
- storm windows; storm doors
- Abstract
- The study examines the economic aspects of energy conservation techniques suitable for retrofitting into existing housing, including insulation, storm windows and doors, and weather stripping. The objective is to determine a combination of techniques which will maximize net dollar savings in life-cycle operating costs for heating and cooling operations in existing homes, subject to specific climate conditions, fuel costs, and retrofitting costs. Microeconomic marginal analysis indicates that such a combination must be balanced so that the ratio of savings to cost is equal at the margin for each technique, and that each technique should be utilized up to the point where the present value of the life-cycle savings generated by the last increment will just cover the costs of that last increment.