The government has announced funding of £1.8 billion through the Social Housing Decarbonisation Fund, Home Upgrade Grant and Public Sector Decarbonisation Scheme to boost energy efficiency and cut emissions across social homes and public buildings.
Collectively, the Social Housing Decarbonisation Fund and Home Upgrade Grant are worth £1.4 billion to fund energy-saving measures. The government says an additional £1.1 billion in match funding for social housing provided by local authorities, providers of social housing and charities will bring the total investment up to £2.5 billion.
£778 million has been offered to 107 projects for Wave 2.1 of the Social Housing Decarbonisation Fund.
£630 million has been awarded under phase 2 of the Home Upgrade Grant to support over 25,000 low income homes across England through the installation of energy efficiency measures and low carbon heating.
Commenting on the announcement, Secretary of State Grant Shapps said:
“This is a huge investment that will help households save hundred on energy bills and see them heat their homes for less, and stay warm for longer. Not only this but the funding is also a huge boost for job creation and economic growth, opening up new and exciting opportunities across the UK’s ever-expanding green sector.”
The government has also announced over £400million has been allocated through the Public Sector Decarbonisation Scheme, which provides grants to public sector bodies to fund low carbon heating, renewable energy, and energy efficiency measures such as heat pumps, solar panels and insulation. 144 public sector organisations responsible for hospitals, schools, leisure centres, museums and universities will benefit.
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