Average earners will receive ‘up to £15,000’ for energy efficiency work

Average earners will receive ‘up to £15,000’ for energy efficiency work

Close up of woman holding smart energy meter in kitchen measuring energy efficiency

Ministers relaunch failed efforts to subsidize energy efficiency improvements (Picture: Getty)

According to a report, people will soon be offered up to £15,000 to improve the energy efficiency of their homes.

The ‘ECO Plus’ scheme, launched in April, aims to cut the UK’s energy consumption by 15% over the next eight years while helping people pay hundreds of pounds a year on their bills.

The government has pledged to cover 75% of costs when eligible homeowners install adequate insulation and up-to-date thermostat systems, although there are fears the scheme could quickly run out of funding.

It will be the first step in unlocking such funding widely for middle-income households since the disastrous failure of Boris Johnson’s Green Homes Grant last year.

Current schemes worth around £12billion are mainly limited to improving social housing and low-income private landlords.

“Eco plus”, due to be fully unveiled next week, is specifically aimed at reducing the cost of works for people who can afford some but not all of the costs.

Exact details of who will be eligible have yet to be released, but grants may be available to people living in homes in the four lowest tax brackets.

Ministers have earmarked £1billion from existing budgets for the program over the next three years, according to The Times.

Roof insulation, worker filling sloping roof with wood fiber insulation

Improvements covered by the scheme would include insulation of lofts and wall cavities (Photo: Westend61)

But the Energy Efficiency Infrastructure Group, which represents industry leaders and green think tanks, had previously told ministers that at least £3billion would be needed during this period to make ECO Plus viable.

A report released by the body in September also insisted that the program should be funded with “new spending commitments rather than diverted from existing funding pots”.

It was not immediately clear whether departments would need to make cuts elsewhere to fund the scheme, although it was likely that much of the resources remained from the £1.5billion homes grant green.

Set up in September 2020, it was due to run until March this year but was scrapped after reaching just 10% of the 600,000 homes that then-Chancellor Rishi Sunak promised to improve.

Wireless thermostat control

It is understood the program will also help fund new thermostats and thermostatic valves (Picture: Getty)

Owners have widely complained about hurdles in the application process, while vendors have reported long delays in receiving vouchers and some engineers said they still haven’t been paid months after completion Works.

A cross-party group of MPs called the scheme a ‘slam dunk fail’ and said it could have

A report by the spending watchdog blamed the government for rushing and ignoring warnings from industry.

Just over £310m was distributed under the scheme, while some £320m originally earmarked for it was given to existing pots for councils to retrofit low-income households.

The Department for Business, Energy and Industrial Strategy (BEIS) has been contacted for comment.

Contact our press team by emailing us at webnews@metro.co.uk.

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