The Government has announced more than £3.9 billion of new funding for decarbonising heat and buildings. This will fund the next 3 years of investment through the Social Housing Decarbonisation Fund, the Home Upgrade Grant scheme, the Boiler Upgrade Scheme and the Heat Networks Transformation Programme, as well as reducing carbon emissions from public buildings through the Public Sector Decarbonisation Scheme.
The Government has allocated £500 million funding to support energy efficiency upgrades of homes of low-income households across England through Phase 1 and 2 of the Local Authority Delivery Scheme. The Government announced a further £200m to a third phase of this scheme which will be delivered alongside an initial £150m of the Homes Upgrade Grant Scheme from early 2022 to March 2023.
The Energy Company Obligation has installed 3.3 million measures in 2.3 million homes, and we are increasing the amount energy suppliers invest in energy efficiency measures for low-income households until 2026, boosting its value from £640 million to £1 billion a year. This will help an extra 305,000 families with green measures such as insulation, with average energy bill savings of around £300 a year.