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The Low Carbon Economy Ltd

23 Feb 2011 11:02:01

PAYS "essential" to encourage energy-efficient improvements



PAYS
Pay-as-you-save (PAYS) schemes are "essential" if the government is to encourage Brits to make energy-efficient improvements to their homes, one expert has claimed.

Gordon Miller, sustainability and communications director of Sustain Worldwide, explained the government has promised to deliver such incentives through the Green Deal, which is due to be launched next year, however it is still unclear how this scheme will work.

He was commenting after calls were made by the Federation of Master Builders (FMB) for George Osborne to incentivise such improvements in his upcoming Budget through a reduction in VAT on energy-efficiency projects.

The FMB said current tax breaks were too complex and "not serving the purpose for which they were intended".

"In my opinion, PAYS and similar incentivised schemes are essential in these recessionary times if a significant number of private homeowners are to switch on to making their homes more energy efficient," Mr Miller said.

He went on to add that incentives will not be enough on their own and educating Brits on the benefits of saving energy will be key in encouraging large scale adoption.  ADNFCR-1235-ID-800422456-ADNFCR


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