Call for budget tax incentives for home energy schemes

Cost of improving energy efficiency is dissuading many households from retrofitting schemes, survey finds

Cost was cited as the main factor deterring people from investing in home energy upgrades.

Most consumers would favour more tax incentives and low-cost borrowing to encourage them to retrofit their homes with insulation and other energy-saving initiatives, according to the business group for Irish banks.

The survey by the industry group, the Banking and Payments Federation Ireland, or BPFI, found the cost of improving energy efficiency was dissuading many households from retrofitting schemes.