It's payback time

Dixon, Tim

It's payback time - 2008 - Estates Gazette (0807) 23 February 2008, 132-134(3) .

Considers the likelihood of the government's Energy Performance Certificate (EPC) scheme achieving its reduction targets. Focuses on the issue of payback periods. Questions why RICS-sponsored research is at odds with government and housing association views on the amount of time required for homeowners to recoup any outlay. Notes a number of different methods of calculation, including the RICS' failure to apply the 5% VAT rate to all energy efficient installations. Notes that this may be the correct view to take. Also notes that savings made in fuel bills by homeowners may go to buy more goods, in turn raising emissions.


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