• Up to 170,000 low-income households to benefit from insulation, solar panels, and heat pumps.
• Families could save hundreds of pounds annually on energy bills.
• Initiative supports UK’s net-zero emissions target by 2050.

Britain will invest £1.8 billion ($2.33 billion) in energy-saving upgrades through the Warm Homes Plan, targeting social housing residents struggling with high energy costs.

The upgrades—including insulation, double glazing, solar panels, and heat pumps—will be delivered via the Warm Homes: Local Grant and Warm Homes: Social Housing Fund. This initiative is expected to significantly lower household energy bills and curb emissions.

“At a time when many are experiencing high energy bills driven by the UK’s reliance on international gas markets, this funding… could now help households save hundreds of pounds a year,” said the Department for Energy Security and Net Zero.

Funding Allocation

• Warm Homes: Social Housing Fund: £1.29 billion allocated to 144 projects.
• Warm Homes: Local Grant: £500 million across 73 projects in 270 local authorities.

RELATED ARTICLE: Barclays Pilots Greener Home Reward to Support Energy Efficiency-Related Home Improvements

This effort aligns with the government’s broader ambition to enhance living standards by increasing Real Household Disposable Income as part of the “Plan for Change.”

“Living in a warm, comfortable home should not be a luxury. It is a right that has been out of reach for too many people for too long,” said Miatta Fahnbulleh, Minister for Energy Consumers.

Regional Impact

The West Midlands Combined Authority and the Greater Manchester Combined Authority are among regional bodies receiving funds under the Warm Homes and Public Sector Decarbonisation Devolution Programme.

Kate Henderson, Chief Executive of the National Housing Federation, highlighted the urgency:

“We welcome this funding allocation to help decarbonise England’s social homes; a crucial step towards the government’s commitment to tackle fuel poverty.“

Gavin Smart, CEO of the Chartered Institute for Housing, added:

“Social landlords have worked hard to improve the energy efficiency of their homes, and this funding will help them to continue that work—supporting retrofit programmes that will reduce fuel poverty, lower carbon emissions, and bring down energy bills for tenants.”

Additional government measures include a £500 million Winter Package, extended Household Support Fund, and increased support for heat pump installations.

Follow ESG News on LinkedIn