Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what (1) grants, and (2) subsidies, they are planning to introduce, if any, to improve the insulation of homes.
The Government’s Heat and Buildings Strategy sets out our plans to transform heat and buildings over the next decade. This includes a continuation of local authority delivery through increased funding for the Social Housing Decarbonisation Fund (SHDF) (investing a further £800 million over 2022/23 to 2024/25, which is planned to be open to all registered providers of social housing) and HUG (investing £950 million over 2022/23 to 2024/25). Both schemes aim to improve the energy performance of low-income households, support low carbon heat installations, help to reduce fuel poverty and build the green retrofitting sector to benefit all homeowners.
In addition, the Energy Company Obligation (ECO) is an obligation the Government has placed on the larger energy suppliers to make energy-efficiency upgrades to low-income homes throughout Britain. We have committed to extending ECO from 2022 to 2026, boosting its value to £1 billion a year. Meanwhile, the Government has removed VAT on energy-saving measures such as insulation to help householders with the cost of making their homes more energy efficient.
In addition to this, the Government has removed VAT on energy-saving measures such as insulation to help householders with the cost of making their homes more energy efficient.