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Retrofit homes now and save

Doing our bit to help the environment is an important part of modern living and investing.Soon it may become mandatory but some ideas to help out are of interest in this article, that might just even save you money as well.

Peak consumer, community and environmental groups this week called for immediate action to support energy efficiency measures and to provide financial assistance to low-income households in response to higher prices flowing from the introduction of a carbon emissions trading scheme by 2012.

While welcoming the Prime Minister's announcement of a Climate Change Fund, CHOICE, along with the Australian Council of Social Service (ACOSS) and the Australian Conservation Foundation (ACF) has called for all parties to commit to the immediate introduction of incentives to assist households in becoming more energy efficient in the lead up to 2012.

"It would be a major missed opportunity to wait at least five years before making significant improvements to energy and water efficiency," said Don Henry, Executive Director of the ACF.

"Gains in energy efficiency made before the introduction of a trading scheme will moderate the impact of a carbon price," said Peter Kell, Chief Executive of CHOICE.

"Acting now will help with a smoother transition to a low emission economy and avoid price shocks to consumers."

The organisations have joined forces to develop climate change policy responses that will benefit all Australian households, including those on low incomes.

They have proposed that a comprehensive national program could leverage significant private sector investment to retrofit all Australian homes within a generation.

Such a program should aim to retrofit five percent of existing homes a year and should include:

  • Regularly evaluated education campaigns on the most effective means to achieving, and subsequent benefits of, energy and water efficiency.
  • Home audits of energy and water use that result in recommendations for behaviour change and physical improvements and referral to sources of assistance. 
  • Financial and other assistance for low income households to implement measures that improve water and energy efficiency.
  • Improved labelling on products and appliances so that initial and second hand purchasers can make informed decisions about energy efficiency at the point of purchase.
  • Financial and taxation incentives to encourage landlords to retrofit properties to improve energy and water efficiency.
  • Improving energy and water efficiency in public housing.
  • Mandatory energy efficiency standards in all new buildings.

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