Australian's could save over $300M with better insulation
A new research report on the energy efficiency of Australian homes has revealed that current minimum requirements for insulation under Australia’s building regulations are not the most cost effective. The research shows millions of dollars are set to be saved through higher standards of insulation.
Across all of the Australian capital cities, insulation levels higher than the current minimum required could save residents $312 million over 30 years; the benefits far outweighing the upfront cost. With a saving of around $100 million, Western Australian residents could benefit the most. Queensland fared the best, with their regulation being the closest to cost-optimal levels.
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