[20] Efficiency is a moving target

Europe has made an impressive step forward in energy efficiency over the past years, mainly thanks to policy and regulation. The implementation of #Ecodesign and Energy Labelling Directives is estimated to save 175 Mtoe primary energy per year by 2020, which corresponds to 19% savings with respect to business-as-usual energy use for those products. Thanks to this, for example on motor efficiency, the EU is now a global front-runner, whereas ten years ago it was still lagging behind the US. But at the same time, the aim should be to realize all energy efficiency measures that are cost-effective from a lifecycle point of view. To achieve this goal, a lot of work still remains to be done.

[14] Energy efficiency has not (yet) become a currency

‘Tradable Energy Quotas’ or ‘Personal Carbon Credits’ were hotly debated at the turn of the past decade. Since then, they have rarely been in the news. Multi-level governance, recognizing the role of intermediate actors such as businesses, cities and regions, superseded this debate. We don’t need to push action down to the individual level, but all of us should consider to take action in our individual spheres of influence.

[10] The impact of energy efficiency on home value

When buying a home, it is good practice to check its utility bills and energy label. In 2010, energy performance of a home was however not yet a strong determinant of price except possibly in some extreme cases.

This made sense since a typical purchase price of a home today may be 250 times its annual energy bill. That’s why our mortgage payments are so much higher than our utility bills.

This situation changed over the past years [63]. Nowadays, few buyers will omit to ask for past utility bills, and a poor energy performance will reflect badly on the value of a property.