UK seeks views on overcoming barriers to energy efficiency

The government is seeking views on measures and incentives that could encourage householders to invest in energy efficiency improvements. It has outlined a range of barriers to investment both on […]

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By Priyanka Shrestha

The government is seeking views on measures and incentives that could encourage householders to invest in energy efficiency improvements.

It has outlined a range of barriers to investment both on the demand and supply side and is inviting responses about the role of government in overcoming the barriers and stimulating the market through more direct interventions.

The energy efficiency products sector has a turnover of more than £29 billion and employs around 100,000 people.

The document seeks views on developing new methods of financing energy efficiency, price signals tied to the energy efficiency of properties, improving awareness of energy-saving technologies and benefits to consumers as well as improving data to open up the market for investment and boosting supply chain capability.

Although the consultation focuses mainly on the domestic sector, BEIS believes many of the ideas set out could also be applicable to micro businesses.

It has been published alongside the Clean Growth Strategy, which features a number of policies aimed at improving energy efficiency, including an extension of the Energy Company Obligation.

The consultation is open until 9th January 2018.

The government has set out draft plans to put a cap on energy prices and proposed to introduce a voluntary emissions target for the higher education and public sectors.