Warm Homes Plan: Finance

(asked on 20th November 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, how the funding for the warm homes policy will be targeted; and what steps he plans to take to ensure the funding is distributed to those most in need.


Answered by
Miatta Fahnbulleh Portrait
Miatta Fahnbulleh
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 26th November 2024

As the first step towards the Warm Homes Plan, the Government has committed an initial £3.4 billion over the next 3 years towards heat decarbonisation and household energy efficiency, with £1bn of this allocated to next year. Additional funding will be considered in Phase 2 of the Spending Review, as the Warm Homes Plan is further developed.

The £3.4 billion includes £1.8 billion to support fuel poverty schemes, helping over 225,000 households reduce their energy bills by over £200. In addition, the Government recently announced Wave 3 of the Warm Homes: Social Housing Fund in England, which will replace the Social Housing Decarbonisation Fund to support social housing providers and tenants, with delivery expected in 2025. We have also announced a new Warm Homes: Local Grant to help low-income homeowners and private tenants in England with energy performance upgrades and cleaner heating.

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