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Making healthy homes? A pilot study of the return on investment from an external wall insulation intervention
OBJECTIVES: External Wall Insulation (EWI) insulates and protect homes against damp. The Energy Company Obligation (ECO) scheme incentivised large energy providers in the UK delivering energy efficiency measures such as EWI to fuel impoverished households. Return on Investment (ROI) analysis is util...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
BioMed Central
2017
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5729294/ https://www.ncbi.nlm.nih.gov/pubmed/29237508 http://dx.doi.org/10.1186/s13104-017-3067-x |
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author | Brown, Heather Fattakhova, Gulnar Bambra, Clare Taylor, Paul |
author_facet | Brown, Heather Fattakhova, Gulnar Bambra, Clare Taylor, Paul |
author_sort | Brown, Heather |
collection | PubMed |
description | OBJECTIVES: External Wall Insulation (EWI) insulates and protect homes against damp. The Energy Company Obligation (ECO) scheme incentivised large energy providers in the UK delivering energy efficiency measures such as EWI to fuel impoverished households. Return on Investment (ROI) analysis is utilised to determine if EWI is a cost-effective procedure in terms of improving health related quality of life (HRQOL) measured using the EQ-5D-3L™, reducing health care expenditure, and fuel costs. Data comes from Stockton-On-Tees council, health care costs data, and information collected from households in the most socially deprived areas in Stockton-on-Tees. RESULTS: The total cost of installation across all 2252 that received EWI was £10,222,954 in 2016 GBP. Annual total benefits were extrapolated across all 3265 households that received EWI. Total benefits were differences between the control and treatment groups in fuel costs, health care costs, and HRQOL multiplied by the National Institute for Health and Care Excellence Quality Adjusted Life Year threshold (£20,000). Total benefits for all households that received EWI were £1,519,045. The ROI of EWI is − 41%. 7.9 years are needed to recoup the costs of the initial investment. ELECTRONIC SUPPLEMENTARY MATERIAL: The online version of this article (10.1186/s13104-017-3067-x) contains supplementary material, which is available to authorized users. |
format | Online Article Text |
id | pubmed-5729294 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2017 |
publisher | BioMed Central |
record_format | MEDLINE/PubMed |
spelling | pubmed-57292942017-12-18 Making healthy homes? A pilot study of the return on investment from an external wall insulation intervention Brown, Heather Fattakhova, Gulnar Bambra, Clare Taylor, Paul BMC Res Notes Research Note OBJECTIVES: External Wall Insulation (EWI) insulates and protect homes against damp. The Energy Company Obligation (ECO) scheme incentivised large energy providers in the UK delivering energy efficiency measures such as EWI to fuel impoverished households. Return on Investment (ROI) analysis is utilised to determine if EWI is a cost-effective procedure in terms of improving health related quality of life (HRQOL) measured using the EQ-5D-3L™, reducing health care expenditure, and fuel costs. Data comes from Stockton-On-Tees council, health care costs data, and information collected from households in the most socially deprived areas in Stockton-on-Tees. RESULTS: The total cost of installation across all 2252 that received EWI was £10,222,954 in 2016 GBP. Annual total benefits were extrapolated across all 3265 households that received EWI. Total benefits were differences between the control and treatment groups in fuel costs, health care costs, and HRQOL multiplied by the National Institute for Health and Care Excellence Quality Adjusted Life Year threshold (£20,000). Total benefits for all households that received EWI were £1,519,045. The ROI of EWI is − 41%. 7.9 years are needed to recoup the costs of the initial investment. ELECTRONIC SUPPLEMENTARY MATERIAL: The online version of this article (10.1186/s13104-017-3067-x) contains supplementary material, which is available to authorized users. BioMed Central 2017-12-13 /pmc/articles/PMC5729294/ /pubmed/29237508 http://dx.doi.org/10.1186/s13104-017-3067-x Text en © The Author(s) 2017 Open AccessThis article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made. The Creative Commons Public Domain Dedication waiver (http://creativecommons.org/publicdomain/zero/1.0/) applies to the data made available in this article, unless otherwise stated. |
spellingShingle | Research Note Brown, Heather Fattakhova, Gulnar Bambra, Clare Taylor, Paul Making healthy homes? A pilot study of the return on investment from an external wall insulation intervention |
title | Making healthy homes? A pilot study of the return on investment from an external wall insulation intervention |
title_full | Making healthy homes? A pilot study of the return on investment from an external wall insulation intervention |
title_fullStr | Making healthy homes? A pilot study of the return on investment from an external wall insulation intervention |
title_full_unstemmed | Making healthy homes? A pilot study of the return on investment from an external wall insulation intervention |
title_short | Making healthy homes? A pilot study of the return on investment from an external wall insulation intervention |
title_sort | making healthy homes? a pilot study of the return on investment from an external wall insulation intervention |
topic | Research Note |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5729294/ https://www.ncbi.nlm.nih.gov/pubmed/29237508 http://dx.doi.org/10.1186/s13104-017-3067-x |
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