Think tank: UK homes in dire need of improvement

The government needs to do more to improve the UK’s old and outdated rental rather than applying short-term measures, according to a report published by think tank the respect Institute for Government (ifG).

The organisation labelled the last 10 years a “lost decade” on the retrofitting of homes and lack of ambition, as it called for the government to put in place grants, loans and tax incentives to improve the situation.

The report comes after new Prime Minister Liz Truss unveiled plans to cap average household energy bills at £2,500 for the next two years, with the government subsidising energy giants wholesale costs to the sum of around £100 billion.

ifG urged the government to introduce a major efficiency programme. If insulation was boosted Britain’s household energy costs could be reduced by as much as £27bn as early as 2023.

The report said: “If the government focuses only on short-term financial support, and long-term measures unlikely to have a major impact, it will find itself in an even more difficult position in a year’s time.

“UK households and business are likely to still be facing high energy bills in the winter of 2023 – quite possibly beyond that … Funding very high energy costs through borrowing, without a strategy to reduce demand, will prove unsustainable.”

A previous study from the Climate Change found that UK home with an indoor temperature of 20C and an outside temperature of 0C lost on average 3C of heat in five hours, more than countries in Europe.

Truss is said to be under pressure to introduce a campaign to encourage the public to turn off devices and turn down thermostats to save energy use, but she’s currently refusing.

Comments 6

  1. Shame the so called think tank did not help with Government helping people to insulate their homes with tax relief over previous years. Will people really want to feel cold turning down thermostats – particularly pensioners. The risk of out-sourcing and importing essentials like food and energy was always a high risk – particularly to countries like Russia. Why would any sane thinking country do that? They introducted the EPC’s gave tenants the opportunity of chossing property that is energy efficient. Now all the politicians are doing is driving out landlords reducing supply so tenants have no choice or little choice – of course with the help and significant influence of Shelter and Generation Rent neither of whom provide accommodation; organisations that merely attack those who do. None of this is a surprise to landlords and investors. The rewards of all the persistent landlord bashing over the last 10 years or so is coming home to roost. Except politicians like Natalie Elphicke MP (Con) of Dover and Deal who wish to further attack landlords by capping rents for 2 years at a time of rapidly reducing supply. The conservative party don’t seem to have a good record in choice of prime ministers!

Leave a Reply