You lucky Aussies have more potential for domestic solar energy than us poor Brits stuck in the rather dull UK. With global warming hysteria at fever pitch, and the apparent belief that we can contol the weather or climate by attempting to reduce the UK’s 2 per cent contribution to global man-made CO2 emissions, from 1 per cent of the world’s population, we are now required to provide an Energy Performance Certificate as part of a Home Information Pack when we sell our home. Currently this only applies to homes with 3 or more bedrooms (Biggs Towers has 4), but will eventually be extended to cover all homes. There are 8 measures that are needed to secure a rating of A or B, as a opposed to a poor rating of F or G. My home was only built in 2000, so has modern energy saving features such as cavity wall insulation, thick fibreglass loft insulation, double glazed UPVC windows, and polystyrene slab under the downstairs concrete floors. I’ve used compact fluorescent bulbs since they came on the market quite a few years ago, in some of our light fittings.
Today’s Times (13th October) has an article featuring a study by the Royal Institute of Chartered Surveyors about the cost of installing energy saving measures and the time taken to recoup the investment. Apparently, installing solar panels for water heating costs around £5,000 and would save only £24 per year on average. This means it could take up to 208 years to recoup the investment. Installing all 8 measures could cost over £23,000 and take 48 years to recoup.
The Times article is entitled ‘Saving energy at home could take 200 years to repay its cost.’ Thanks to Woody for pointing it out.