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Energy: Housing

Asked by Fabian HamiltonLabourDepartment for Energy Security and Net ZeroTabled Answered 11 November 2024UIN 12383

The question

To ask the Secretary of State for Energy Security and Net Zero, whether he is taking steps to support Property Linked Finance to help homeowners to install (a) domestic renewables and (b) energy efficiency measures.

Answered by Miatta Fahnbulleh

Green finance can play a key role in helping achieve our home decarbonisation ambitions. Through the Warm Homes Plan, the Department is exploring the role private financing can play in supporting homeowners to meet the upfront costs of installing domestic renewables and fabric energy efficiency improvements. As part of that work, Government is assessing the role novel finance models, including Property Linked Finance and Heat-as-a-Service, can play in addressing homeowner needs. Further details on the Warm Homes Plan, including future financing support for households, will be confirmed in due course.

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