Mr. Tom Halpin:

This is with regard to retrofit. We are looking at financing retrofit. It is important to separate the two points. New regulations relate to new houses. The additional costs likely to impact them have not been defined in this room and are a matter for the Department. With regard to the separate issue of retrofitting, a deep retrofit is likely to cost €40,000, €50,000 or €60,000. If a person decides to undertake this we need to explore financing options. They are two different requirements.