Blanket mandates on electrification not the answer

"At today's Senate Economics Committee Inquiry into residential electrification, HIA advised that this issue requires careful assessment of the current market conditions as well as the need to consider workforce implications and transitional issues."

"HIA put forward a detailed submission to this Inquiry highlighting the importance of holistic consideration of the issue and that the focus should be on creating market conditions conducive to voluntary electrification including incentives for homeowners and industry.

"Alongside this, we recommended that there is a significant opportunity to improve the performance of Australia's 8-10 million existing housing stock and this could result in significant energy bill savings and emissions reduction savings."

"Our submission provided 14 practical and meaningful recommendations that should be pursued by Governments.

"Among them that governments undertake regulatory and market analysis on demand side assessment for electrification, the need for a comprehensive cost benefit analysis of any proposed reforms, providing incentives to support voluntary uptake, support for industry research and innovation and detailed examination of workforce and transitional matters," concluded Mr Croft

HIA's Submission to the Senate Inquiry into Residential Electrification can be accessed here