For the past 20 years there have been large subsidies and grants available from energy companies and Government towards the cost of home insulation for both fuel poor households and ‘able to pay’ households.
Major Changes Ahead
Whist this has been very helpful for those households in the greatest need who are suffering from fuel poverty, it has also resulted in insulation being devalued with householders focusing on price and grants only and not appreciating the true benefits insulation provides. This autumn will see a major change as under the new £640mpa Energy Company Obligation3 scheme subsidies and grants will be restricted to vulnerable and fuel poor households only and not available to those ‘able to pay’.
This provides a significant opportunity for the industry to build the value back into insulation by promoting the benefits of the different measures:
External Wall Insulation for example can transform the appearance and add value and curb appeal to a building as well as reducing fuel bills whilst Cavity Wall Insulation can be undertaken in a few hours and pay for itself in under 3 years even without a subsidy or grant.
In order to get the messages across to the general public, the NIA and its members are teaming up with the Energy Saving Trust, the independent national energy efficiency experts and other advice agencies to promote the true benefits of insulation.
As always, Feel free to leave your comments below and to read more from the NIA, check out this month’s edition of Insulate Magazine for our regular column from Chief Executive Neil Marshall.