Heat Pumps
The question
To ask the Secretary of State for Energy Security and Net Zero, whether he plans to incentivise heat pump adoption through (a) tax breaks and (b) low-interest loans.
Answered by Miatta Fahnbulleh
Private finance can play a key role in helping us achieve our decarbonisation ambitions. As part of the Government’s ambitious Warm Homes Plan, officials are exploring the role of incentives and private finance to support homeowners with the upfront costs of energy efficiency improvements and low carbon heating. This includes engaging with the finance sector on the potential for low interest loans.
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