Press Release:
ECO Green energy scheme is key in solving high energy bills and saving lives

Release Date 24 October 2013

As the Government have announced a review into so called green energy taxes and the clearest indication that some may be cut, the National Insulation Association (NIA) highlights that green energy schemes such as the Energy Company Obligation (ECO) are key to lowering domestic energy bills and that the savings can far exceed the associated costs.

The Energy Company Obligation (ECO), which provides free and subsidised energy efficiency measures, adds just £47 a year to the average energy bill. The NIA advised: "The savings available to householders through installing energy efficiency measures can far outweigh this cost with cavity wall and loft insulation saving around £320* per year and solid wall and loft Insulation around £670* per year.

"In addition there are other benefits to be derived from the scheme, for example, it is the only scheme to ensure that those at risk and in fuel poverty receive energy efficiency measures thereby reducing cold related excess winter deaths, the security of energy supply and job creation. The ECO also contributes towards climate change targets.

"It is vitally important that rather than simply talking about the costs of green energy taxes, the public are made aware of the savings and huge benefits they provide."

For more information contact Duncan Murray at the NIA press office on 01327 227 010 or email Duncan@evolution-pr.co.uk

* Based on a typical three-bedroom semi-detached gas heated house installing cavity wall insulation and loft insulation, savings when you insulate an uninsulated loft. Solid wall insulation saving is the average saving between internal and external solid wall insulation. Both with an 80% efficient gas boiler and average gas tariff of 4.64p/kWh and electricity tariff of 15.32p/kWh; correct as of December 2012 and valid for 2013. Figures from the EST.

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