Funding UK Residential Energy Efficiency : The Economy-wide Impacts of ECO and its Alternatives

Katris, Antonios and Turner, Karen and Vishwakarma, Kusum (2020) Funding UK Residential Energy Efficiency : The Economy-wide Impacts of ECO and its Alternatives. [Report]

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    Abstract

    This briefing paper reports on an illustrative analysis of how energy efficiency improvement programmes in the UK may impact across the wider economy. We explore how the implementation of residential energy efficiency actions funded through the Energy Company Obligation, ECO, triggers a range of impacts and interactions in and between different sectors and actors in the UK economy. We then consider how outcomes may differ if alternative funding approaches were to be adopted, with the aim of providing useful insight to a wider stakeholder community concerned with energy efficiency policy.