Tuesday, July 9, 2013

Energy efficiency saves Scottish homeowners £1bn

Scottish Government says measures taken over 2012 and 2013 will save more than one million tonnes of CO2 over their lifetimes

Scottish home energy programmes are set to save householders more than £1bn on their energy bills, according to figures published by the Scottish government.

In total, the Scottish Government has pledged just under £80m for its fuel poverty energy efficiency initiatives with the aim of leveraging Energy Company Obligation (ECO) funding into Scotland to create a £200m per year fund.

It said that the new funding was designed to make Scotland "the most attractive place in Great Britain for energy companies to invest in energy efficiency".

The range of efficiency initiatives on offer include the country's Boiler Scrappage Scheme, which recently exceeded the Scottish Government's 30,000 boiler replacement target, as well as the Energy Assistance Package, Universal Home Insulation Scheme, and Home Insulation Scheme.

Measures taken over 2012 and 2013 are expected to save a further one million tonnes of CO2 over their lifetime, which ranges from 15 years for a new heating system to 40 years for insulation and other longer lasting measures.

The Scottish government is also keen to promote the new Green Homes Cashback Scheme, under which up to £500 is available for households to install insulation measures, up to £400 is available towards the cost of a new boiler, and up to £300 is on offer for other measures such as glazing, LED lighting, and heating controls.

Scottish Housing Minister Margaret Burgess said: "It is my belief that everyone in Scotland should live in a warm and safe home that doesn't cost the earth to heat. In these current economic times, it is more important than ever that people take advantage of money saving opportunities."

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