Sustainable building is getting more and more important topic in 21C. Following this trend, building energy saving standard has been reinforced in Korea. Especially, insulation standards are revised continuously after1979. This study aims to evaluate the correlation between the revised insulation standards and heating and cooling loads of a residential building. This study shows that the standard of insulation is more related with heating load than cooling load, and cooling load is more related with other sources such as glass types and solar incidence through windows. In case of highly-insulated building such Passive Houses or Zero Energy Houses, the cooling load should also be considered as important as heating load when revising the building energy saving regulations in the future.