“The report, Building the Future, has piled pressure on Ministers to act to fix Britain’s badly insulated homes. The report shows that a much more ambitious energy efficiency investment programme would pay for itself and significantly boost the UK economy.
The programme would add £13.9 billion annually to the UK economy by 2030, with GDP boosted by £3.20 for every £1 invested by the Government. A national scheme to make homes super-energy efficient would result in £8.6 billion in energy savings per year by 2030, an average energy saving of £372 per household. After taking into account loan repayments this would result in £4.95 billion in financial savings per year for Britain’s households.”
The Green Building Press writes about a new report for the Energy Bill Revolution in the UK that assesses the financial benefits of a radical insulation programme.
Report puts financial case for energy efficiency
A new report published this week shows that a big boost in energy efficiency investment would save UK households £4.95 billion a year. The radical insulation programme would both pay for itself and achieve huge economic benefits to UK.
Verco and Cambridge Econometrics’ research for the Energy Bill Revolution campaign reveals that a far more ambitious home energy efficiency investment programme would increase UK GDP by£13.9 billion a year by 2030.
The report, Building the Future, has piled pressure on Ministers to act to fix Britain’s badly insulated homes. The report shows that a much more ambitious energy efficiency investment programme would pay for itself and significantly boost the UK economy.
The programme would add…
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