If you’re living in an old draughty house, in order to benefit of energy bills as low as €300 to €400 a year you’d need to invest on average €30,000 to €40,000.
That’s according to the submission made by the Tipperary Energy Agency’s Paul Kenny to the Oireachtas Committee on Communications, Climate Action and Environment yesterday (23 January 2018).
This results in a simple payback of 10 to 20 years at current fuel prices.