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The Simpler the Better? Threshold Effects of Energy Labels on Property Prices and Energy Efficiency Investments

By Rodolfo Sejas-Portillo, Mirko Moro, and Till Stowasser

American Economic Journal: Applied Economics, January 2025

Using British data on over 7 million residential property sales, we find that simplified energy efficiency (EE) information leads to important market effects. UK legislation requires the use of an energy label that shows an EE rating score (1–100) mappe...