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The Low Carbon Economy Ltd

13 Aug 2010 10:08:10

Upfront cost of energy efficient improvements still deters homeowners



Upfront cost of energy efficient improvements still deters homeowners
A gap remains between homeowners' understanding of low carbon solutions and implementation of the technology, according to one industry expert.

Michael Holmes, spokesperson for the National Home Improvement Show, said that awareness has been growing of the financial benefits of installing energy-efficient technology, but uptake is still low due to the upfront cost.

"Future savings on both money and reducing carbon footprints over time is not motivation enough for many home improvers to outlay cost now, when they are already cash strapped, for returns which could be gained later," he explained.

He added that if homeowners begin to understand that "returns can be made quite swiftly" uptake of low carbon technologies will increase.

The coalition government hopes that its Green Deal - which offers homeowners up to £6,500 for energy efficient home improvements, to be paid back through savings on energy bills - will also see more households adopt green solutions.

In June, the government also announced that 3.5 million more homes would be insulated thanks to changes to the Carbon Emissions Reduction Target scheme.  ADNFCR-1235-ID-800024009-ADNFCR


Discussion Thread  

18 Aug 2010

I am not surprised that householders are holding back. These projects are often expensive, have pay backs long into the future and the figures given by installation companies are quesionable.
I edit www.realityGreen.co.uk and our aim is to promote sustainable livingWe recently studied 6 months wind speed figures for a site and related these to the power that would be generated by a 5kw wind turbine. The figures were quite shocking, less than half what the supplier was quoting. A big shock for anyone who has shelled out £30,000 in the belief that they will be generating a reasonable amount of power and getting a payback on their money. Please take a look at the article called "Wind Power - there’s more to wind than you think" - you can find it under the wind power section. Would appreciate comments from those operating microgeneration schemes.




Discussion Thread  

 


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