Green schemes key in combating rising energy prices

Latest News Tue, Mar 22, 2016 5:24 PM

Green schemes key in combating rising energy prices

As the debate continues around rising energy prices and so called green taxes the National Insulation Association (NIA) highlights that green schemes are key to lowering domestic energy bills and that the savings can far exceed the associated costs of these.

Last week it was reported that the cost on domestic energy bills of the Energy Company Obligation (ECO), which provides free and subsidised energy efficiency measures, was £47 a year.

However, the NIA commented: “The savings available to householders through installing energy efficiency measures can far outweigh this cost with cavity wall and loft insulation saving around £320 per year and solid wall and loft Insulation around £670 per year according to the Energy Saving Trust.

“In addition there are other benefits to be derived from the scheme including; tackling fuel poverty and climate change, reducing cold related excess winter deaths, security of energy supply and job creation.

"It is important that rather than simply talking about the costs of green schemes, the public are made aware of the savings and benefits they provide.”

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