Economic analysis of energy-saving renovation measures for urban existing residential buildings in China based on thermal simulation and site investigation

The findings clearly show that the investigation of the factual electricity consumption of the subject building is very important to predict accurately the energy-saving effects and financial benefits of the measures for the building, because of the great discrepancy between in fact and in thermal simulation of the heating and cool loads, and the too cheap electricity price may hamper the development of energy-saving implementations in residential sector in China.