Retrofit and Covid Recovery

Energy Efficiency Retrofits

Energy Efficiency is a key to economic Recovery that implies job creation, that is, local-also, the opportunity to increase manufacturing.
Here are some resources on messaging:
• Energy Efficiency is a job creator as it is more labour intensive than other sectors.
• Work in the US estimates that 4.5 direct and immediate jobs are created for every $1 million invested in residential and commercial retrofits compared to 0.7 jobs in the oil and gas sector.
• These jobs cannot be outsourced and can't be bought on amazon.
They are directly linked to local economic development and job creation.
• These local jobs can provide employment in rural areas, small towns, as well as big cities.
• More jobs are created as demand increased in the supply chain. Increased manufacturing of insulation, heat pumps, windows.
• Increased demand and local manufacturing will reduce costs for local consumers.
• In Canada, a study on the macroeconomic impacts of energy efficiency shows 16-30 jobs created per $1 million invested, taking into account all of these effects (note that these figures are net of any job losses due to things like lower energy demand).
• An aggressive efficiency scenario increases annual jobs by 175,000, on average, over 14 years.
• Energy Efficiency can also increase consumer spending because of new jobs and energy cost savings.
• The latest data available shows 2.8 million households in Canada spending over 6 percent of their income on energy costs. That includes Canadians below typical poverty lines as well as the working poor and seniors.
• Ensuring energy retrofit programs work for those experiencing energy poverty is key.
• Social housing is a no brainer. These projects can be advanced relatively quickly. The investments made will return in energy operating costs over time