A range of market barriers work against homeowners and tenants – particularly low-income and disadvantaged households – improving the efficiency of their homes. These barriers include the upfront cost of efficiency measures, the split incentive facing tenants and landlords, and a lack of timely and trusted information about efficiency options and costs.
The One Million Homes Alliance welcomes the Victorian government’s vision for an “efficient, productive and resilient state”, as outlined in the June 2015 Saving energy, growing jobs statement. The 2025 Roadmap brings together the knowledge and experience of Victoria’s leading consumer, social and environmental organisations to outline our plan for turning this vision into reality.
An important first step is to commit to a clear goal. The One Million Homes Alliance’s goal is:
That Victoria’s housing stock meets an average 5-star equivalent
and 100 litre/person/day standard by 2025
(Click here for more information about the One Million Homes campaign)
Achieving this goal will require action in 4 areas to overcome the barriers to efficiency:
- Improving standards to create incentives for homeowners and landlords to invest;
- Facilitating accessible and affordable finance to enable homeowners and landlords to meet standards;
- Raising public awareness about the benefits of efficiency and how to access information and services;
- Funding targeted retrofit and education programs for households experiencing financial and energy hardship.
Delivering this Roadmap will see all Victorians, including the most vulnerable, benefit from more efficient homes. It will unlock billions of dollars of investment, supporting between 7,000 and 13,000 jobs (gross) over the 10-year program and an estimated 8,500 ongoing jobs. An average household should save around $1,000 a year on their energy bills, while the government could save $2.5 billion from its energy concessions budget over 20 years.
And by focusing on creating a stable policy environment which leverages investment from a range of sources, while targeting government assistance to the most vulnerable, this Roadmap ensures government investment delivers high impact outcomes.
The 2025 Roadmap has been developed and is supported by Consumer Utilities Advocacy Centre, Moreland Energy Foundation, Victorian Council for Social Service, Alternative Technology Association, Yarra Energy Foundation, Kildonan Uniting Care, Energy for the People, Consumer Action Law Centre, Tenants Union of Victoria, Brotherhood of St Laurence, Northern Alliance for Greenhouse Action, and Environment Victoria
Click here to view the roadmap
