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Renters could save $20bn on bills in a decade from rooftop solar and appliance upgrades – if landlords act

Key Points

Research indicates that renters in Australia could save billions on energy bills over the next decade through upgrades like rooftop solar and appliance improvements. The Institute for Energy Economics and Financial Analysis (IEEFA) attributes this missed opportunity to a "split incentive," meaning landlords are currently unmotivated to implement these energy-saving measures.

Owners’ lack of motivation due to ‘split incentive’ is main reason rental properties are missing out on energy upgrades, research finds

Renters make up nearly a third of Australian households, yet many are missing out on energy upgrades – such as insulation, appliances and rooftop solar – that could slash their power bills and improve home comfort.

The problem, according to the Institute for Energy Economics and Financial Analysis (IEEFA), is landlords’ lack of motivation.

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Originally published by The Guardian World Read original →