1 July 2024
To: Department of Government Services, Victoria
RE: Minimum Standards for Rental Properties and Rooming Houses
Thank you for the opportunity to comment on new minimum energy efficiency standards to be proposed for rental properties and rooming houses in Victoria.
Research by the Institute for Energy Economics and Financial Analysis (IEEFA) has shown that all-electric homes are the most cost-effective option for Victorians. However, renters are frequently locked out of the opportunity to access the benefits of electrification.
The introduction of minimum thermal efficiency standards, and the requirement to transition appliances to efficient electric alternatives when existing appliances reach their end of life are likely to result in material financial benefits to energy consumers in rental properties.
IEEFA supports the direction of the Victorian government’s proposed updates, but has suggested several areas where the standards could be improved further. These suggestions would help to ensure energy consumers in rental properties can access the benefits of flexible electrification, and are not left to bear the costs of maintaining a gas distribution network in decline disproportionately.
Our detailed submission is summarised on the following pages. Please do not hesitate to contact us if you have any further questions about this submission.