WOBO thanks edie for the reminder of the need for social interaction and action.
The £179m is being issued through the Government’s £3.8bn Social Housing Decarbonisation Fund and will attempt to increase the amount of social housing stock that meets the government’s threshold of EPC band C standard or higher.
The Government claims the new funding will help 20,000 social housing properties with an Energy Performance Certificate (EPC) rating of D or lower receive upgrades to improve their energy efficiency and reduce carbon emissions. Funding can be used to fit insulation, replace windows and install technologies like heat pumps and solar panels.
Upgrades are expected to be completed by the end of March 2023, with 69 projects allocated financial support as part of a demonstrator. Funding is allocated to local authorities who will work with social housing providers to deliver the upgrades.
Minister for Business and Energy Lord Callanan said: “The UK has a strong track record in improving the energy performance of its homes and this funding will continue that as we deliver huge benefits for social housing residents – ensuring they keep more of their cash.
“The £3.8bn we’re investing through the Social Housing Decarbonisation Fund is helping drive down energy bills for thousands, targeting help to those who need it most by making their homes warmer, more comfortable and greener.”
The new funding will create an additional 9,000 green jobs, with carbon savings across the housing expected to amount to the equivalent of taking 6,000 cars off the road.
Currently, around 46% of the UK’s housing stock is meeting EPC C or above, compared to just 9% in 2008. The amount of social housing meeting this requirement has risen by 18% to 66% in the same timeframe, according to the Government. Read more…
Government introduces £179m energy efficiency scheme for social housing