Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether he is taking steps to support Property Linked Finance to help homeowners to install (a) domestic renewables and (b) energy efficiency measures.
Green finance can play a key role in helping achieve our home decarbonisation ambitions. Through the Warm Homes Plan, the Department is exploring the role private financing can play in supporting homeowners to meet the upfront costs of installing domestic renewables and fabric energy efficiency improvements. As part of that work, Government is assessing the role novel finance models, including Property Linked Finance and Heat-as-a-Service, can play in addressing homeowner needs. Further details on the Warm Homes Plan, including future financing support for households, will be confirmed in due course.