Comments on: Timmy Elsewhere http://timworstall.com/2007/10/15/timmy-elsewhere-31/ It is all obvious or trivial except... Wed, 23 May 2012 09:47:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mark Wadsworth http://timworstall.com/2007/10/15/timmy-elsewhere-31/comment-page-1/#comment-861 Mark Wadsworth Mon, 15 Oct 2007 09:09:43 +0000 http://timworstall.com/2007/10/15/timmy-elsewhere-31/#comment-861 On home energy, basically agreed, provided proceeds are dished out as a Citizen's Dividend. Although, given the price inelasticity of demand for home energy, it'll take a while before there are any results. BTW, the 200 year figure is based on very high prices (£9,000 for installing double glazing a terraced house?) and the calculations appear to be for rejigging old houses. For a new build, teh calculation is probably much more favourable (and probably even positive, i.e. a payback period of ten years or less). On home energy, basically agreed, provided proceeds are dished out as a Citizen’s Dividend.

Although, given the price inelasticity of demand for home energy, it’ll take a while before there are any results.

BTW, the 200 year figure is based on very high prices (£9,000 for installing double glazing a terraced house?) and the calculations appear to be for rejigging old houses. For a new build, teh calculation is probably much more favourable (and probably even positive, i.e. a payback period of ten years or less).

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