Energy Efficiency currently isn’t delivering to its full extent on reducing emissions, increasing energy security and lowering bills, due to lack of progress in owner occupied homes.
Introducing regulations for minimum energy efficiency standards for sale of homes, coupled with green financing options for households, would meet the above and generate a stable, self sustaining industry.
We propose introducing a requirement on basic, low cost measures with green finance funding to be in place for households by 2026.
A further round of more advanced measures should be introduced in 2029 if this initial regulation is successful.
This approach breaks the boom and bust cycle to energy efficiency, and would rapidly scale up growth in a sustainable way.
To find out more detail on how this can be done, please read the full report below.
Published May 2023.