Thousands of UK households will receive eco grants to upgrade their homes as part of a three-year project slated for an announcement next week.
A scheme called Eco Plus, expected to cost a billion pounds, will run for three years from April 2023 as part of the Chancellor’s plans to reduce Britain’s energy consumption by 15% by 2030. It is reported that the government is planning to help people lower their energy bills by insulating lofts and cavity walls and making heating controls smarter such as thermostatic radiator valves.
Grant Shapps, the Business Secretary, is looking to provide this scheme to council tax band A to D residents.
According to The Mirror, a household could receive approximately £1,500 in grants. According to the Energy Efficiency Infrastructure Group, which represents firms including E.ON and Velux, improving a poor-performing property could save households up to £1000 each year.
Described as a government-funded and energy supplier-led “Great British Energy Saving Scheme,” Eco Plus has been hailed as improving current energy efficiency programs. As part of the ECO4 scheme, which runs from 2022 to 2026, energy bills are used to fund upgrading the most inefficient houses in the poorest neighborhoods.
The Times reported that ministers believe loft insulation could save £640 a year, cavity wall insulation could save £525 a year, and intelligent heating controls could protect £525 a year. Earlier this week, it emerged that people in the UK could save up to £420 a year on their energy bills by following government tips.
A £25m public information campaign will likely advise lowering boiler temperatures, turning off radiators in empty rooms, and taking showers instead of baths.