UK Green Homes £562m scheme for 50k households: Over 50,000 homes will profit from new government funding to decarbonise the housing sector as the nation shifts to net zero reported today.
The £562 million package will help over 300 local authorities throughout England & Scotland fund energy efficiency enhancements, which include solar panels, deep insulation & heat pumps.
The package is expected to help households save as much as £450 annually on their energy bills and support nearly 8,000 green jobs per year.
It is also anticipated to slash more than 70,000 tonnes of carbon dioxide each year, which is the equivalent of the amount direct & indirect carbon footprint of about 9,000 households.
In accordance with official figures, emissions from domestic properties presently make up approximately 25% of the carbon emissions in the UK.
Kwasi Kwarteng, UK Business and Energy Secretary stated: “We are ensuring households across the country enjoy warmer homes that are cheaper to heat and emit fewer emissions, all while creating new work for local plumbers, builders and tradespeople.
“This is an initial down payment on the UK Government’s plan to invest over £9 billion into eradicating fuel poverty, improving the lives and homes of low-income households.
“This is yet another important step we are taking to eliminate our contribution to climate change and build back greener from the pandemic.”
Acknowledging the current government funding Councillor David Renard, Local Government Association Housing Spokesperson, replied: “Councils are leading the way tackling climate change and are committed to delivering green improvements, but have faced challenges with the competitive, short-term nature of grant funding, which requires councils to have sufficient staffing and capacity to apply.
“Providing long-term funding would better enable councils to help achieve our national net zero ambitions, supported by giving councils the flexibility to set energy efficiency standards above the current Building Regulation Standards.”
UK Green Homes £562m scheme for 50k households