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HomeUK commits £6bn for home and business energy efficiency

UK commits £6bn for home and business energy efficiency

The UK government is expected to provide extensive support, with £6 billion of capital, to improve energy efficiency for around one million homes and hundreds of businesses.

The initiative includes a variety of options to reduce energy use and emissions, such as insulating 500,000 homes and additional funding for heat pumps.

Additional funding of £1.5 billion will facilitate the installation of more heat pumps for homes and businesses, contributing to the transition to cleaner heating systems.

Additionally, the new plans ensure that all new homes and buildings will be carbon neutral from 2025, in line with the Future Homes and Buildings Standard.

Currently under consultation, the standards aim to make new homes and buildings fit for the future, reduce bills and reduce carbon emissions by at least 75% for all new homes compared to 2013 standards.

To further improve existing homes, the government is committed to spending £12.6 billion by 2028, including allocations to schemes such as the Boiler Upgrade Scheme, new energy efficiency grants, local authority retrofit programme, the Social Housing Decarbonization Fund, the Green Heat Network Fund, the Heat Network Efficiency Program and the Industrial Energy Transition Fund. .

Energy Minister Claire Coutinho said: “Cutting energy bills is my top priority. Today’s funding will help those most in need and keep about a million more families warm during the winter.

“Everyone deserves to live in a warm and energy-efficient home. We have made great progress with almost 50% of UK properties now having a Class C Energy Performance Certificate – up from just 14% in 2010.”

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