The Decision To Scrap The Zero Carbon Homes Policy Means Occupants Of New Build Homes Are Missing Out On £200 A Year Savings On Their Energy Bills A Report Claims

The decision to scrap the Zero Carbon Homes policy means occupants of new build homes are missing out on £200 a year savings on their energy bills, a report claims.
Then-Chancellor George Osborne decided to discard the policy in 2015, just six months before it was due to come into effect and following on from nine years of discussions with housebuilders and stakeholders.
The £200 per year saving that would have resulted from the policy is almost three times more than the average £76 saving from the Government's energy price cap, new analysis from the Energy and Climate Intelligence Unit has found. 
Scrapping the Zero Carbon Homes policy is costing new-build occupants £200 in energy bills
Owners of new build homes in England have now collectively paid hundreds of millions more in additional energy costs since 2015, the non-profit organisation says, damp Proofing Exterior Walls because of the policy block.
The figure is predicted to rise beyond £2billion by 2020 as more new dwellings are occupied.
The amount of potential savings from the scrapped policy is also set to increase after Ofgem announced an increase to the energy price cap. 
RELATED ARTICLES Share this article Share Customers on standard variable tariffs will see the price cap increase by £117 to £1,254 per year, while those on pre-payment plans will see the cap increase by £106 to £1,242 per year - an increase of 10.3 per cent. 
A poll of MPs conducted last year for ECIU, by YouGov, showed that 55 per cent would support the re-introduction of Zero Carbon Homes - with only 18 per cent opposing it.
<div class="art-ins mol-factbox floatRHS money" data-version="2" id="mol-7251deb0-2baf-11e9-96fe-bddbe7b95c41" website Carbon Homes policy could have saved homes £200 a year