Honors Theses and Capstones

Date of Award

Spring 2023

Project Type

Senior Honors Thesis

College or School

PAUL

First Advisor

Ludwig Bstieler

Abstract

This thesis paper explores green home technology in residential homes. The purpose of this research is to understand what green home technologies are, the extent to which they are being adopted, the factors that lead people to adoption, barriers to adoption, and if green home technology adds value to residential homes. The data methodology involves a literature review, and interviews with people who have adopted these technologies, people who have not adopted these technologies, and companies that sell these technologies. The results reveal that green home technology is something that is becoming more commonly adopted, due to factors like cost savings, energy efficiency, leaving less of a carbon footprint, and environmental awareness. These technologies include products like solar panels, smart meters, smart lights, geothermal heating, and smart plugs. Barriers that deter people from adopting green home technologies are cost, a lack of education on the subject, comfort with current systems, and a poor taste in green home technology companies. The results also reveal that green home technology adds value to residential homes. The findings of this research contribute to a better understanding of the value of green home technology in residential real estate, and what factors contribute to consumers decision making behaviors when it comes to adoption.

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