Our homes are Our Infrastructure
The Mineral Wool Insulation Manufacturers Association urges the Energy Secretary Amber Rudd to build an energy efficiency system that works for the long term based upon new findings published today.
New, independent research from Frontier Economics reports that making UK homes highly energy efficient should be a national infrastructure priority.
The research reveals that a programme to make UK homes energy efficient would provide net economic benefits of £8.7 billion. This is based on the Governments own economic analysis, delivering comparable economic benefits to infrastructure initiatives such as HS2 Phase 1, Crossrail and new roads.
With our Government poised to spend up to £100 billion on infrastructure during this Parliament there is a strong case for an energy efficiency programme to be included. It would benefit bill-payers, boost productivity and jobs in our economy and deliver energy security.
This report further builds on research from Cambridge Econometrics which shows that an ambitious energy efficiency infrastructure programme could deliver 108,000 jobs and reduce gas imports by 26%.
Sarah Kostense-Winterton, Executive Director commented: "Insulating and improving our homes should be the priority for Government as they develop new energy policy.
Homes in the UK are currently inefficient. Research out today shows investing to improve the energy efficiency of this infrastructure will have far-reaching benefits for the UK economy - from increased productivity and job creation to carbon reduction, energy security and improved health and wellbeing.
Government has clearly signalled their willingness to work with industry as they develop new policy in this area. Today’s report makes a compelling case for an energy efficiency programme to be included in the UK’s infrastructure. We stand ready to support the Government in delivering this."
