ZEMCH 2015 - International Conference Proceedings | Page 57

4 No. Bedrooms $1,425,500 Sold Price 10/08/08 Sale Date HOUSE Property Type VIC State 3124 Postcode Camberwell Suburb 5289591 Record ID Table 3 Sample of REIV data Comments Situated on a generous allotment this home provides a great opportunity for you to live in one of Melbourne’s most desirable suburbs. Comprising: Two living areas with hardwood floors- Period style kitchen with gas cooking facilities, recently installed solar panels, spacious rear yard for the family and off street parking. Located a comfortable stroll to popular Bourke Road retail precinct and rail. First time offered for sale for many years. This is a home to excite the most discerning buyer. (Source: Authors) Results And Discussion Real estate agent advertisements were examined for the frequency of words and phrases used to inform the reader of existing solar technologies. Grammatical forms were examined and are explained in Table 4. Table 4 Flag category used Flag Explanation flag_solar1_word Words and phrases that attempt to highlight the house comprising installed and functioning solar power source. For example; solar power, solar energy, solar panel(s). (Source: Authors) These categories were designed to capture the possible range of descriptions that could be used when describing solar technologies within the house and were guided by contemporary research. Correlations As the aim is to consider the influence of demographic profiles on ‘solar’ words in advertising, bivariate correlations between the keyword and demographic variables were undertaken. All variables exhibited weak form correlations but were nonetheless significant in many cases. Solar words appeared negatively correlated for regions where the residents had undertaken higher education [r=-0.009, n=91,331, p=0.001]. This contradicts previous research findings (Eves and Kipps 2010; Zhang 2010) that more educated people are more likely to adopt energy efficient technologies and real estate agents appear to be marketing to this disposition. Although weak, this finding could be explained by the proposition that government subsidies are available to all people and attraction to energy bills is likely to be taken up irrespective of educational background. Correlation with household size is also weak but significant [r=0.016, n=91,331, p= 0.001]. This finding suggests that larger households are seeking ways of reducing ongoing energy bills. In itself this would seem intuitive, however this can generally only be achieved if the household income has sufficient to outlay the initial capital expenditure. Previous literature suggests that pro-environmental behaviours and investment are linked to income levels (Jansson et al 2011). As no correlations with weekly family income were found one plausible reason is that households are seeking to take advantage of government subsidies, and if none, then they may not invest in such technologies. The third and highest correlation is No. of bedrooms in the house [r=0.035, n=91,331, p= Measuring and predicting acceptance for photovoltaic technologies in Melbourne Victoria 55