Grants of up to £10,000 Planned for Home Insulation Revolution

By Gary Cutlack on at

The government has set aside a seemingly rather large £2bn fund to pay for home energy efficiency measures to be rolled out across the nation, with the poorest homes able to qualify for as much as a £10,000 chunk to fund improvements.

It's part of a wider £3bn investment in what they might like us to call a green recovery plan, with the improvement money branded a Green Homes Grant and designed to cover two-thirds of the cost of energy saving home improvements like insulation and new windows. The major caveat at the moment appears to be that there's no benefit for renters, not unless their landlords decide to apply and fund the other third of the cost themselves.

The very poorest homeowners will see 100 per cent of the cost funded up to the £10k limit, with most homeowners expected to hit a lower £5,000 limit. Chancellor Rishi Sunak says this should "support and protect livelihoods across the nation" by safeguarding as many as 100,000 jobs in various building industries (as was foretold), and of course save money from the heating bills of houses treated. Unless everyone simply takes a jumper off and enjoys being a bit warmer. [BBC]

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