In February 2010, the Energy Efficient Homes Package, otherwise known as the home insulation scheme, was discontinued in the face of controversy and alleged fraud. Since then, insulation has become somewhat of a little discussed home feature that should be as important as planning your dream kitchen.
In reality, most homeowners don’t give much thought to what’s behind their walls, however proper insulation is of key importance to having a comfortable, healthy home.
The right insulation can help beat the ‘cold crunch’
The world faces a looming and potentially calamitous “cold crunch”, with demand for air conditioning growing so fast that it threatens to smash pledges and targets for global warming.
Driven by a warming planet and a rapidly expanding middle class in the developing economies of warmer climates, the use of air conditioning is surging.
Worldwide power consumption for air conditioning alone is forecast to surge 33-fold by 2100 as developing world incomes rise and urbanisation advances. By mid-century, people will use more energy for cooling than heating.
Cold has quietly become a part of 21st-century life, people expect air conditioning to make homes, offices and cars comfortable. The use of home air-conditioning in Australia has been increasing along with global trends. In 1994, 50% of Australian homes had air-conditioning, in 2008 this has increased to 61% and the trend has continued to increase in the decade since. Three out of every four Australian households now have a refrigerated air conditioner or an evaporative cooler.
Australians are already paying some of the world’s highest electricity prices, and it’s only set to get worse.
Household power prices have doubled in the last five years, with the Australian Competition and Consumer Commission (ACCC) estimating NSW households will be paying $434.08 more for electricity by the end of 2019, with Queenslanders paying $313 more and Victorians $254. 
Insulation to keep your home comfortable and energy prices down
Heating and cooling can consume 40 percent of all energy used in the home. 
Insulation is the key to managing household energy bills. In cold weather, insulation is used to keep the warm air in. In warm weather, it keeps the hot air out.
Besides keeping your home warm in the winter and cool in the summer, the right insulation can also help prevent mould growth and keep unwanted noise out.
Foamex’s Styroboard XPS range of extruded polystyrene insulation is an ideal material for insulating walls. The KPA rating of Styroboard XPS makes it suited to any kind of building application, and their long term retained R-values means greater thermal performance within the home.
Styroboard XPS is manufactured in Australia, with a fire-retardant additive as standard, and is environmentally friendly due to being HCFC free. Combined with a high compressive strength, low moisture absorption, not to mention being lightweight and easy to handle, Foamex XPS extruded polystyrene is perfect for providing a total home insulation solution.