Mayor answers to London
Question by James Cleverly
How much public money has been saved so far from reduced energy bills through the RE:FIT scheme, and what are the expected savings over the next year?
Answer by Boris Johnson (1st Term)
Through the 86 buildings which are already finished or very near completion, circa £2.3 million has been saved so far. Future savings from these buildings will be £1.3 million per year.
Detailed preparation is underway to sign up a further 297 buildings in the next 12 months, of these 110 buildings are currently in the formal RE:FIT procurement process, these retrofits should be complete by end of 2012 and will save an additional £1 million per year from energy bills