This is a project aimed to fill the gap between Building Energy Efficiency solutions and affordability and accessibility of them for Low-Income Households (we). Where is this gap?
• Low-Income Households spend $1.23 per square foot on utilities, whereas all other houses only spend $0.98, and this is predominantly due to inefficient heating and cooling.
• The average energy burden of Low-Income Households is 18.4%, and any bills which represent more than 6–11% of a household's annual gross income are deemed as unaffordable.
• This number is 19% for single, elderly, poor, and disabled persons living on social security.
• Low-Income Households have lower participation rates in many Energy Efficiency programs and own fewer Energy Efficient appliances and smart technologies.
This issue presents a missed opportunity for the UK to improve overall energy efficiency. If the energy efficiency level of all Low-Income Households could be brought up to the median efficiency level, 35% of the excessive energy burden on them would be eliminated. This also helps, to alleviate the negative impacts of income disparity and social inequality. With less financial burden, these families (we) can potentially spend more money on education and other aspects of life. Improved energy efficiency will also lead to higher property value and substantial carbon emission reduction.