Energy Efficiency and Reduction in Energy Costs Bill
Official Summary
A Bill to promote energy efficiency and a reduction in energy costs; and for connected purposes.
Summary powered by AnyModel
Overview
The Energy Efficiency and Reduction in Energy Costs Bill aims to improve energy efficiency in buildings in England and Wales by mandating more efficient heating systems in new installations and potentially promoting new energy-saving technologies.
Description
This bill requires the Secretary of State to publish a strategy within 12 months of the Act's passing. This strategy will outline how building regulations will be used to ensure that all replacement heating systems installed meet higher energy efficiency and cost reduction standards by 2020 or earlier. The strategy must consider the cost-effectiveness, market availability and the availability of appropriately trained installers. The strategy may also include measures to promote cost-effective new or underutilized technologies that reduce energy bills and carbon emissions. Before publishing, the Secretary of State must consult with relevant stakeholders, including technology developers and other interested parties.
Government Spending
The bill states that any expenditure incurred by the Secretary of State in implementing the Act, and any increase in sums payable under other Acts resulting from this Act, will be funded from money provided by Parliament. Specific figures are not provided in the bill text.
Groups Affected
Groups potentially affected include:
- Homeowners and landlords: They will be directly affected by the new regulations concerning replacement heating systems.
- Heating system manufacturers and installers: They will need to adapt to the new standards and potentially invest in training and new technologies.
- Technology developers: The bill could create opportunities for companies developing energy-efficient technologies.
- Government: Will be responsible for implementing the strategy and managing associated costs.
Powered by nyModel
DISCLAIMER: AI technology is not 100% accurate and summaries may contain errors, use at your own risk. Munro Research holds the copyright for all summaries found this website. Reproduction for non-commercial purposes is permitted but must be displayed alongside a link to this website. Contact info@munro-research to license commercially.