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Assessing the Effects of a Program to Promote Energy-Efficiency Upgrades in Existing Homes
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Energy efficient mortgages (EEMs) are intended to mitigate some of the financial barriers to upgrading the energy efficiency of existing (and sometimes new) houses. The Time of Sale Energy Renovation Program (TOSER) is designed to overcome key obstacles that have limited the use of EEMs when existing homes are sold. Conducted by Staples-Hutchinson for Pacific Gas and Electric, the Program primarily provides seminars to real estate agents and lenders to educate them about the characteristics and benefits of EEMs. EEMs typically allow the buyer to include cost-effective efficiency upgrades in her mortgage. This paper presents an overview of the TOSER Program and the results of the third and fourth evaluation of this Program. This study relied on market actor interviews and statistical analyses of key program data to identify program impacts and opportunities to improve program effectiveness.
Lee, A.; Larkin, J.; Gobris, M. K.; Boughen, S.; Staples, J. (2002). Assessing the Effects of a Program to Promote Energy-Efficiency Upgrades in Existing Homes. Energy Systems Laboratory (http://esl.tamu.edu); Texas A&M University (http://www.tamu.edu). Available electronically from