‘Failing’ energy efficiency schemes cost £8.4bn

“Failing” energy efficiency schemes from successive governments have cost consumers £8.4 billion by 2015, according to research from Which?.

The consumer watchdog said the Energy Company Obligation (Eco) and its predecessors, the Carbon Emissions Reduction Target (Cert) and the Community Energy Saving Programme (Cesp), have failed to improve more than half of Britain’s homes.

Which? claimed that an estimated £8.4 billion has been spend on the schemes since 2008 – £5.5 billion on Eco and £2.9 billion on Cert/Cesp – but more 14 million of Britain’s 27 million homes still do not have “adequate insulation”.

The organisation is calling on the Chancellor George Osborne to make a “radical change” to the way energy efficiency measures are delivered, targeted and evaluated.

In the Autumn Statement, they want Osborne to reprioritise the carbon saving obligation element of Eco on low cost energy saving measures, claiming this would save up to £363 million a year.

Which? also called for “immediate changes” to the Green Deal to make it “better and fairer” for consumers by “reducing the risk” of them losing out financially and removing exit fess.

Richard Lloyd, executive director at Which?, said: “Saving energy to save money is no brainer but so far no government has got a proper grip on energy efficiency, despite schemes costing consumers billions.

“We’re calling on the Chancellor to use his Autumn Statement to take action by cutting the cost of government energy policies down to size.

“With rising energy prices consistently the top worry for [people it’s time for a radical overhaul of energy efficiency policies to help the millions of hard=pressed consumers who are facing another freezing winter.”