Minimum Energy Performance of Buildings Bill

Debate between Louie French and Sarah Olney

2nd reading
Friday 24th March 2023 Commons Chamber

[Sarah Olney]

The hon. Member is right. The sort of innovative products we are looking for are not just construction products, but financial products. Again, it is about opening up a private sector, competitive and well-regulated market that will enable homeowners to make the kind of investments that they will need to make in their own homes. The hon. Member is absolutely right at this time of heightened property values—again, a live issue in my constituency. I saw a league table recently in which Richmond Park is No. 6 for average property prices out of all the constituencies in the country. It costs a great deal already to live in Richmond Park. He is absolutely right that if we want to put an onus on homeowners to upgrade the quality of the properties that they are living in or renting out to other people, we need to offer them options for how they might finance that.

[Mr Louie French (Old Bexley and Sidcup) (Con)]

As a fellow London MP, the hon. Lady will recognise the pressures that have been highlighted. But there are parts of the market that are doing that organically already and have not required state intervention. Where there is state intervention, whether national or local, does she agree that it is important that trust is ensured? She may be aware of cases in her constituency of major doubts about the effectiveness of the Mayor of London’s solar scheme. People have signed up for the rollout of solar panels and have paid thousands of pounds, and that has not been delivered.

[Sarah Olney]

I confess I have not had a huge amount of casework on the solar panel issue. One case was raised with me but specifically on my earlier point about the conservation area. The hon. Member raises a good point about solar panels. I do not know why—a lot of people are asking this—we have not had a more extensive rollout of solar panels already, regardless of whether they are funded by the Mayor of London or anyone else. It is of huge benefit to homeowners to be able to install solar panels and participate in generating their own power and electricity. We really need to look at which policies are stopping people investing in solar panels, and what financial obstacles we may be able to overcome. This is not just about energy efficiency in insulating our homes, but about what more can be done to help people with the cost of fuel bills and keeping their homes warm, and about the health and wellbeing of the nation as a whole.

The Deputy Speaker interrupted the business (Standing Order No. 11(2)).

Bill to be read a Second time on Friday 24 November.