Firstly, the Government has announced a new long-term commitment to drive improvements in energy efficiency to bring down bills for households, businesses, and the public sector with an ambition to reduce the UK’s final energy consumption from buildings and industry by 15% by 2030 against 2021 levels and to upgrade 300,000 homes. New funding worth £6 billion will be made available from 2025 to 2028, in addition to the £6.6 billion provided in this Parliament. To achieve this target, a new Energy Efficiency Taskforce will be charged with delivering energy efficiency across the country. This comes alongside the Great British Insulation Scheme.
Furthermore, the Government will invest over £4 billion of new funding for decarbonising heat and buildings from this year to 2025. This includes a new £450 million three-year Boiler Upgrade Scheme, which will see households offered grants of up to £5,000 for low-carbon heating systems, such as a heat pump, so they cost the same as a gas boiler now.
The Government has also set out its aspiration for as many homes as possible to be Energy Performance Certificate Band C by 2035 where cost effective, affordable, and practical, and to reach this standard by 2030 for fuel poor homes.