0
views
0
recommends
+1 Recommend
1 collections
    0
    shares
      • Record: found
      • Abstract: found
      • Article: found
      Is Open Access

      ECONOMIC IMPACT OF NEW GREEN BUILDING CODE ON RESIDENTIAL PROJECT DEVELOPMENT FROM ENERGY CONSUMPTION PERSPECTIVES

      Read this article at

      ScienceOpenPublisher
      Bookmark
          There is no author summary for this article yet. Authors can add summaries to their articles on ScienceOpen to make them more accessible to a non-specialist audience.

          Abstract

          The new Green Building Code impacts the design and construction of building systems, which are vital for energy consumption estimation, especially since electricity prices are of great interest to today's consumers. Through the integration of energy consumption and utility bills, this paper presents the results of the economic impacts of installing various energy efficient systems required by the Green Building Code. Energy consumption prediction models are developed using multiple regression statistical methods based on electricity data collected from 110 single-family houses located in Los Angeles, California, USA. These prediction models have found a significant difference in electricity consumption of a single-family house prior to the introduction of the code and after its introduction. In addition, life cycle cost analysis on two of the featured systems, photovoltaic system and hybrid water heater, discovered that consumers can pay off their up-front investments in state-of-the-art energy efficient systems and appliances and earn a profit within the stated life cycle time period. The findings provide useful guidelines for making initial monetary decisions in the residential building industry.

          Related collections

          Most cited references 9

          • Record: found
          • Abstract: not found
          • Article: not found

          “Greening Project Management Practices for Sustainable Construction.”

            Bookmark
            • Record: found
            • Abstract: not found
            • Article: not found

            “A review on buildings energy consumption information.”

              Bookmark
              • Record: found
              • Abstract: not found
              • Article: not found

              “Venture Capital Opportunities in Green Building Technologies: A Strategic Analysis for Emerging Entrepreneurial Companies in South Florida and Latin America.”

               E. Bayraktar,  F Arif (2013)
                Bookmark

                Author and article information

                Journal
                jgrb
                Journal of Green Building
                College Publishing
                1552-6100
                1943-4618
                1943-4618
                Fall 2014
                : 9
                : 4
                : 105-124
                Author notes

                1. Ph.D., P.E., LEED AP BD+C, Associate Professor, Department of Civil Engineering and Construction Engineering Management, California State University Long Beach, Email: jinlee.kim@ 123456csulb.edu ; International scholar of Department of Architectural Engineering, Kyung Hee University, Korea

                2. Graduate Assistant, Department of Civil Engineering and Construction Engineering Management, California State University Long Beach, Email: martin_greene@ 123456sbcglobal.net

                3. Ph.D., P.E., Professor, Department of Architectural Engineering, Kyung Hee University, Korea, Email: kimskuk@ 123456khu.ac.kr

                Article
                jgb.9.4.105
                10.3992/1943-4618-9.4.105
                ©2014 by College Publishing. All rights reserved.

                Volumes 1-10 of JOGB are open access and do not require permission for use, though proper citation should be given. To view the licenses, visit https://creativecommons.org/licenses/by-nc/4.0/

                Page count
                Pages: 20
                Product
                Categories
                RESEARCH ARTICLES

                Comments

                Comment on this article