Dáil Éireann Debate, Thursday - 1 December 2011
111 Deputy Brian Stanley asked the Minister for Communications, Energy and Natural Resources if he has agreed on a tendering process for the proposed pay-as-you-save contracts to insulate domestic and public buildings. [37550/11]
View answerThe Programme for Government includes a commitment to roll out a Pay-As-You-Save (PAYS) energy retrofit scheme after 2013. Such a scheme would substitute Exchequer funding currently being provided to the Better Energy Programme. The PAYS concept is an innovative financing mechanism that would allow consumers to finance upgrades directly through the energy savings generated. My Department has established a project team to undertake the necessary technical and financial analysis of a PAYS model in the Irish context and I will bring forward proposals to Government shortly. There are considerable complexities involved in the development of a Pay-As-You-Save scheme and any tendering process will be developed at the appropriate time in light of comprehensive consultation with all stakeholders.
