Heat Networks: Finance
The question
To ask the Secretary of State for Energy Security and Net Zero, whether his department has considered introducing a revenue support mechanism to support the growth of the UK heat network sector.
Answered by Martin McCluskey
We are committed to supporting heat networks as a key technology to electrify our economy and reduce our reliance on fossil fuels for heating homes and businesses.
The government recognises the need to consider both the upfront costs of installing new low-carbon heat networks and the long-term running costs for buildings connected to them.
We intend to consult on options to reduce costs and make electrification an economically rational choice for a wider range of businesses and organisations.
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