Eco Point economic stimulus plan evaluated

Advertisement

Would you want to buy low energy home electricals? graph of japanese statisticsFollowing up on the 12,000 yen cash handout to every resident, the Government of Japan is next having an Eco Point system, where for buying certain energy-efficient home electronics you get a 5% point award in return that you will be able to cash in for some as-yet not-very-well-specified items. To see what people think of this, Macromill Research recently conducted a survey on the Eco Point system.

Demographics

Over the 27th and 28th of April 2009 516 members of the Macromill monitor group completed a private internet-based questionnaire. The sample was split exactly 50:50 male and female, and 20.0% of the respondents were in their twentes, 20.0% in their thirties, 20.0% in their forties, 20.0% in their fifties, and 20.0% aged sixty or older.

I’m not really sure of a good reason why people wouldn’t buy energy-efficient items in general. Thinking about it there are good reasons not to buy some items just because they have a stamp on them as often there is a higher price tag and the payback period may be longer than the lifetime of the item itself.

I also can’t help worrying that the stimulus package will encourage people to dispose of items which still have some life left in them, rendering a net negative effect on the environment. My television is a six year old standard tube-type television, but I see no reason why I should bin it now to buy a new set as it is still perfectly serviceable. However, looking at the results of Q4SQ1 almost half of the sample expect to see a positive environmental outcome.

Research results

Q1: Do you know about the “Eco Point” system that gives you points when you buy certain energy efficient home electrical items? (Sample size=516)

  All Male
N=258
Female
N=258
Know about it in detail 3.9% 5.0% 2.7%
Know about it roughly 35.1% 39.5% 30.6%
Just heard about it 50.3% 46.5% 54.3%
Don’t know anything 10.7% 8.9% 12.4%

Those in their thirties were the most ignorant about the system.

Q2: Do you think you would want to use the Eco Point system? (Sample size=516)

Definitely want to use 17.6%
Perhaps want to use 45.9%
Can’t say either way 27.5%
Don’t think I want to use 7.0%
Don’t want to use at all 1.9%

There was little difference between the sexes, but younger people were slightly more keen to make use of the system.

Q3: What expectations do you have for the Eco Point system? (Sample size=516, multiple answer)

Increase in the number of goods, services that Eco Points can be exchanged for 68.8%
Broadening of the goods, services that give Eco Points 67.2%
Become easy to exchange or use Eco Points 34.1%
Due to the introduction of the system the environment improves 31.2%
Due to the introduction of the system the economy improves 23.6%
Other 4.7%

Q4: When you are buying home electricals in the future, would you want to buy low energy items? (Sample size=516)

Want to buy (to SQs) 37.8%
Perhaps want to buy (to SQs) 44.2%
Can’t say either way 16.3%
Perhaps don’t want to buy 1.2%
Don’t want to buy 0.6%


Q4SQ1: Why would you want to buy low energy home electricals? (Sample size=423, multiple answer)

  All Male
N=209
Female
N=214
Because I can save on utility bills 87.9% 85.2% 90.7%
Because I can contribute to fighting global warming 58.9% 51.2% 66.4%
Because I can get Eco Points 46.6% 50.7% 42.5%
Because the functionality of the goods seems good 22.2% 22.0% 22.4%
Because the product image is good 9.5% 9.6% 9.3%
Other 1.2% 1.0% 1.4%

For those in their twenties, there was a significant 12 percentage points more than in the other age groups who wanted to get their Eco Points.

Q4SQ2: Which of the following low energy home electricals do you want to buy? (Sample size=423, multiple answer)

  Votes Percentage
Digital terrestrial television 271 64.1%
Refrigerator 248 58.6%
Air conditioner 227 53.7%
Light bulbs, fittings 18.3 43.3%
Computer 172 40.7%
Microwave oven 145 34.3%
Rice cooker 116 27.4%
DVD recorder 10.3 24.3%
Food preparation equipment (range, etc) 75 17.7%
Other home electricals 54 12.8%
Read more on: ,,

Custom Search

Leave a Comment

 

2 Trackbacks \ Pings »

  1. February 6, 2010 @ 22:13

    [...] card concept as an incentive to buy eco-friendly products through エコポイント (the Eco Point system), all of which was very big in hype but not so effective in improving economic conditions. In the [...]

  2. June 9, 2010 @ 23:29

    [...] with the Eco Point system for rebates for buying digital televisions due to end in December of this year (it works out [...]