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Energy Schemes

Dáil Éireann Debate, Tuesday - 2 April 2019

Tuesday, 2 April 2019

Questions (416)

John Curran

Question:

416. Deputy John Curran asked the Minister for Communications, Climate Action and Environment his plans to test low-cost finance models, to identify and refine those best suited to consumer needs in order to increase the uptake of home energy investment with finance being one of the main barriers to energy efficiency investment; and if he will make a statement on the matter. [15286/19]

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Written answers

The National Development Plan has identified a significant level of investment to fund home energy efficiency retrofit. However, it is clear that the Exchequer alone will not be able to fully fund the scale of retrofits that need to happen for Ireland to meet its national and EU climate targets. In order to address this, my Department is currently working with a number of key stakeholders to explore the potential for the introduction of new financing options to support energy efficiency. Actions in relation to smart finance to support energy efficiency measures will be considered in the context of the forthcoming All of Government Climate Plan.

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