“Energy efficiency is too expensive, will increase costs to consumers and push people into energy poverty”—this is a claim made by some commentators in Brussels recently. As the Energy Efficiency Directive is being negotiated in the Parliament, Jan Rosenow reveals how little truth there is to such claims.
Buying energy is 5 times more expensive than saving it
A useful metric for assessing how economic energy savings are is to compare them with the cost of consumed energy.