Dáil Éireann Debate, Thursday - 2 February 2012
150 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; and if so, to provide details in this regard. [6023/12]
Amharc ar fhreagraThe Programme for Government includes a commitment to roll out a Pay-As-You-Save (PAYS) energy retrofit scheme for domestic buildings 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. It is also envisaged at this time that such a scheme would encourage energy efficiency measures in non-domestic buildings and premises. 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 the PAYS scheme. Any scheme design will be subject to comprehensive consultation with stakeholders.
