Abstract

As the residential building sector is a significant contributor to global energy consumption, new energy-saving interventions have emerged, including the innovative market-based intervention – Household Energy-saving Option (HESO). This study is one of the first studies investigating the influencing factors of tenants' adoption intention of HESO from the psychological perspective. Through conducting surveys in 311 public housing units in Singapore, the psychological attributes influencing households’ adoption intention of HESO were identified. The results showed that perceived value is the dominant direct contributor (β = 0.715) to the adoption intention. Specifically, by further decomposition of perceived value, perceived usefulness has been proved to be the strongest contributor of the perceived value, with the influencing power of 0.416. Moreover, a negative moderating effect (β = −0.079) of perceived risks on the relationship between perceived value and adoption intention was examined. The findings provided decisive insights for policymakers to facilitate market-based energy-saving interventions at the neighborhood level, thus contributing to achieving successful energy efficiency solutions.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.