"There will be no phaseout date for gas boilers in the government's warm homes plan despite its pledge to wean the UK off fossil fuels, but billions of pounds will go towards heat pumps and insulation upgrades. Labour's principal attempt to solve the UK's cost of living crisis, the 15bn warm homes plan, will overhaul 5m dwellings, aiming to cut energy bills by as much as 1,000 a year, in the biggest public investment yet made into home upgrades."
"He forecast that 1 million people would be lifted out of fuel poverty, with grants for insulation and clean energy for people on low incomes, and millions more would gain access to loans and subsidies to install heat pumps. This is three times more public investment than the last government, he said. This is what great reforming governments do they build homes, and they upgrade homes. This is what Labour governments have done."
The government will invest £15bn in a warm homes plan to upgrade five million dwellings and reduce energy bills by up to £1,000 per year. The programme does not set a phaseout date for gas boilers but channels billions towards heat pumps, insulation, solar panels, batteries and heat networks. The plan aims to lift one million people out of fuel poverty through grants for low-income households, and to offer loans, subsidies and innovative finance such as green mortgages for other households. Funding allocations include upgrades, low-cost loans, a boiler upgrade scheme, heat networks and a warm homes fund.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]