The energy recovery ventilator (ERV) is an effective method, which can transfer heat and moisture from the exhaust air into the outdoor fresh air to save energy in buildings. Nowadays, ERV has been widely used in the commercial, industrial and residential buildings in China. Its energy saving performance depends on a lot of factors, such as the outdoor environmental conditions, the enthalpy efficiency of the exchanger, and so on. Based on the relationship among sensible heat, latent heat and enthalpy efficiency, we analyzed the weighted coefficient equations for describing the performance of ERV in different climatic zones in China. According to China weather data, enthalpy efficiency of the exchanger mainly depends on sensible heat efficiency in winter and latent heat efficiency in summer. The energy simulations of a sample apartment in a residential building were made under different operation conditions to study the performance of ERV. The energy saving performances of the ERV were studied with five different outdoor climatic conditions, the enthalpy efficiency, fan power consumption of ERV and fresh air change rate. To improve energy saving performance, better efficient enthalpy exchange material and higher effiencient fans must be explored, while reasonable fresh air change rate as well as proper operation period according to local climate should also be carefully considered.