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Saving Energy may be costing to much.

The Ofgem consumer panel has told the regulator the cost of going green will be a major deterrent to the take up of energy-efficiency initiatives and the widespread deployment of microgeneration systems.

 

The consumer panel said affordability emerged as a key factor in the latest round of discussions.

 

The majority of those consulted found it hard to imagine getting involved with domestic power generation without more support from the government.

 

The report also stated the panel expected the government intervention would be needed to create incentives or to force behavioural change.

 

The panel also highlighted a general lack of trust towards energy companies over the provision of reliable information to help consumers reduce their energy bills.