Presentation by Matthew Smith, HM Treasury

1
Presentation by Matthew Smith, HM Treasury

• To The Energy Efficiency Partnership for Homes
• Private Sector Landlords and Energy Efficiency
  Seminar
• 24th January 2005

2
Improving Energy Efficiency

• 2003 Energy White Paper
• Progress to date, but more to do
• Households are significant factor
• PRS 10 of total housing stock
• PRS lower than average energy efficiency

3
Private rented sector

• Older properties
• Younger occupants
• Landlords own small number of properties
• Second income difficult to incentivise?

4
Fiscal measures

• Energy efficiency can be cost-effective.
• Right sort of incentives needed.
• Budget 2004
• Landlords Energy Saving Allowance
• Green Landlord Scheme
• And also
• Reduced VAT rates for professionally-installed
  ESMs and EEPs
• Micro-generation and renewables support

5
Green Landlord Scheme

• Update on further progress in Budget 2005
• Economic instruments used in conjunction with
  other schemes
• Tie in with whole house energy efficiency
• All avenues being considered
• New and/or existing schemes