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It's payback time

By: Contributor(s): Language: English Series: Estates Gazette ; (0807) 23 February 2008, 132-134(3)Publication details: 2008Subject(s): Summary: 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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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L142661 (Browse shelf(Opens below)) 1 Available 142661-1001

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.