An insulating vacuum panel having an R value per inch of at least 20, said panel comprising an insulating support member enclosed within a sealed, flexible polymeric envelope, said envelope comprising a heat-sealable, multiple layer laminate, said laminant comprising at least one polyethylene terephthalate layer and at least one barrier layer selected from the group consisting of polyvinylidene chloride, polyvinyl alcohol, polyamide, polyolefin and aluminum foil wherein said enclosed insulated vacuum panel is useful as insulation to maintain an essentially constant temperature in a closed structure.