Middle earners will get ‘up to £15,000’ to make their home more energy efficient

Close Up Of Woman Holding Smart Energy Meter In Kitchen Measuring Energy Efficiency

Ministers are relaunching failed efforts to subsidise energy efficiency improvements (Picture: Getty)

People will soon be offered up to £15,000 towards energy efficiency improvements in their homes, according to a report.

The ‘ECO Plus’ scheme, launching in April, aims to cut the UK’s energy use by 15% over the next eight years while helping people hundreds of pounds a year on their bills.

The government is understood to have committed to meeting 75% of the costs when eligible homeowners fit proper insulation and up-to-date thermostat systems, though there are fears the scheme could quickly run out of funding.

It will be the first move to widely unlock such funding for middle-income households since the disastrous failure of Boris Johnson’s Green Homes Grant last year.

Current schemes worth around £12 billion are mostly limited to improvements on social housing and low-income private homeowners.

‘Eco plus’, which is due to be fully unveiled next week is specifically aimed at cheapening works for people who can afford some but not all of the costs.

Exact details of who will be eligible have yet to be released but the grants may be offered to people living in homes in the four cheapest council tax bands.

Ministers have ring-fenced £1 billion from existing budgets for the scheme over the next three years, according to The Times.

Improvements covered by the scheme reportedly include loft and wall cavity insulation (Picture: Westend61)

But the Energy Efficiency Infrastructure Group, which represents industry leaders and green think-tanks, previously told ministers at least £3 billion would be needed in that time to make ECO Plus viable.

A report published by the body in September also insisted the scheme should be paid for with ‘new spending commitments rather than diverted from existing funding pots’.

It was not immediately clear whether departments …read more

Source:: Metro News

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