Sunak handed £5bn ‘value for money’ energy lifeline to slash bills by insulating UK homes

According to the CCC, a decade ago, 2.3 million energy efficiency measures were installed annually through Government-backed schemes. However, in 2021, fewer than 100,000 were installed.

Lord Deben wrote: “Reducing energy demand in UK buildings is now the biggest gap in current Government energy policy,” adding that energy efficiency should be “a core part of the Government’s exit strategy from expensive energy bill subsidies.”

He said: “With higher prevailing energy prices, investments in energy efficiency measures are recouped faster through savings on energy bills, even as inflation increases some construction costs.

“The next two years should be a period for a concerted push to improve rates of loft and cavity wall insulation, draught-proofing and installing modern tools to manage energy use (such as smart thermostats, thermostatic radiator controls and smart meters).

Article source: https://www.express.co.uk/news/science/1694860/rishi-sunak-energy-crisis-lifeline-insulation-value-for-money-slash-bills-efficiency-ccc