Treasury written question – answered at on 1 October 2020.
Luke Evans
Conservative, Bosworth
To ask the Chancellor of the exchequer, what support he is making available to eradicate Fuel Poverty through the insulation of homes in Bosworth.
Steve Barclay
The Chief Secretary to the Treasury
The Government recognises the importance of energy efficiency in tackling Fuel Poverty.
Through the new £2 billion Green Homes Grant scheme announced by the Chancellor in July, homeowners and landlords across England, including in Bosworth, will be able to apply for vouchers to fund at least two thirds of the cost of upgrading the energy performance of their homes, up to £5,000. Low income households will be eligible for up to 100% government funding, up to £10,000.
Leicestershire County Council also has the opportunity to bid for part of the £500m of the scheme that is being made available to local authorities to directly help low income households.
The scheme could support more than 100,000 green jobs, upgrade more than 600,000 homes, and save households hundreds of pounds a year on their energy Bills. This is in addition to existing measures to support improvements in energy efficiency in the homes of those in fuel poverty, such as the Energy Company Obligation (ECO).
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
A household is said to be in fuel poverty when its members cannot afford to keep adequately warm at reasonable cost, given their income.
A proposal for new legislation that is debated by Parliament.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
