politics
Renters could save $20 billion on energy costs with solar and upgrades if landlords invest
26 Mayıs 2026The Guardian
- Research from the Institute for Energy Economics and Financial Analysis (IEEFA) highlights that renters in Australia, who comprise nearly a third of households, are missing out on significant energy upgrades. These upgrades, including insulation, appliances, and rooftop solar, could save renters up to $20 billion on…
- The primary barrier to these improvements is the 'split incentive' issue, where landlords lack motivation to invest in upgrades that benefit tenants.
- As energy costs continue to rise, the push for sustainable living solutions becomes increasingly urgent. The Australian government and various stakeholders are exploring ways to incentivize landlords to invest in energy-efficient upgrades, which could lead to a more sustainable housing market and lower living costs…
- The findings underscore a critical gap in the rental market where the interests of landlords and tenants do not align. While energy upgrades can lead to substantial savings and increased comfort for renters, the reluctance of property owners to invest in such improvements suggests a need for policy interventions.
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This article reflects the views of the Institute for Energy Economics and Financial Analysis and does not necessarily represent the views of The Guardian.
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