Mark Vender
Energy ministers have released Version 2 of the Home Energy Ratings Disclosure Framework, which sets out a national approach to implementing disclosure schemes.
The framework defines:
- How energy ratings are provided to households at the point of sale or lease
- Policy parameters for disclosure schemes that governments can implement
- How to develop a supportive market environment.
The second version of the framework has been developed in collaboration between Australian, state and territory governments, as well as industry and community group stakeholders.
Energy Ministers also released the disclosure cost benefit analysis report. This shows a considerable net benefit for households that implement upgrades based on their home energy rating.
It also shows a net economic benefit for implementing mandatory disclosure at point of sale for single dwellings and apartments combined, and also at point of lease, as well as a considerable net benefit for all owners corporations that implement upgrades based on their apartment base building energy rating.
The report also shows a degree of uncertainty over the true benefits of mandating apartment base building disclosure. There is currently somewhat limited data to base economic modelling and analysis on. Information generated through disclosure may help to unlock deeper upgrades in apartment buildings.
The government notes that these documents are the next step to implementing home energy rating disclosure schemes.
“Providing a home’s energy performance rating at the point of sale or lease will help Australians,” says the statement from the Energy and Climate Change Ministerial Council. “They will be able to choose a more comfortable and energy efficient home that is cheaper to run.”
The new framework is available at the DCCEEW website.
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