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AAP
AAP
Environment
Jennifer Dudley-Nicholson

Households could halve electricity bills with upgrades

Upgrades to older homes, such as the installation of solar panels, can help slash power bills. (Raoul Wegat/AAP PHOTOS)

Australians living in older homes have the potential to halve their energy bills with fairly modest renovations, a study has revealed. 

The Climate-Ready Homes report, released by Monash University on Wednesday, found households could save as much as $2195 a year with energy-efficient upgrades such as insulation and more efficient appliances. 

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