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by Munro Research

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.

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Overview

This bill aims to improve energy efficiency and lower energy costs in England and Wales. It mandates the development of a national strategy to ensure that any new heating system installations meet higher energy efficiency standards by 2020 (or earlier if feasible), focusing on cost-effectiveness, availability, and skilled workforce capacity. The strategy may also include measures to promote new energy-saving technologies.

Description

The core of the bill is the creation of a national strategy (within 12 months of the Act's passing) to improve energy efficiency in heating systems. This strategy must outline how building regulations will require any replacement heating system to be more energy-efficient and reduce energy costs.

Key Requirements for New Heating Systems:

  • Increased energy efficiency
  • Reduced energy costs
  • Cost-effectiveness
  • Sufficient market availability
  • Competent workforce for installation and service

The strategy can also incorporate measures to promote new technologies for energy and carbon emission reductions, provided they are cost-effective. Before publication, the Secretary of State must consult with relevant stakeholders, including technology developers and other relevant parties.

Government Spending

The bill requires that all costs incurred by the Secretary of State in implementing the Act, and any increases in payments under other Acts attributable to this Act, are paid from public funds. No specific figures are provided in the bill text.

Groups Affected

  • Homeowners and renters: Will benefit from potentially lower energy bills and more energy-efficient homes. May face higher initial costs for compliant heating systems.
  • Heating system installers: Will need to adapt to new standards and potentially undergo further training. May see increased demand for their services.
  • Technology developers: May see increased investment and opportunities related to energy-efficient technologies.
  • Government: Responsible for funding the strategy's development and implementation.
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