Money Wellness
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calendar icon03 Oct 2023

Low-income households could save £100’s on energy bills in new scheme

Thousands more social housing tenants will be given grants for home upgrades to help cut their energy bills.

An additional £80 million has been made available to help an extra 9,500 low-income households make energy efficient improvements to their homes, saving them around £240 a year on their heating bills.

Homes with poor insulation and outdated heating systems will be inline for the upgrade grants to help with improvements such as installing new wall, loft, or underfloor insulation or switching to low carbon heating.  

More than 100,000 households in England have already benefitted from the scheme with the additional funding aimed at helping struggling households upgrade their homes and reduce the amount they’re spending on energy.

Claire Coutinho, Energy minister, said: “Our Social Housing Decarbonising Fund is delivering warmer homes and energy bill savings of around £240 for some of the lowest income families.

“We’re already making over 100,000 home more energy efficient with this scheme and I’m delighted an extra 9,500 social housing tenants will now benefit too.”

The grants, which will be available from November, are to be distributed by local authorities, registered providers of social housing and charities that own social housing. Therefore, what you get will depend on how your provider has decided to use the grant. You can find more information on your local authority’s website at www.gov.uk

Avatar of Caroline Chell

Caroline Chell

Caroline has worked in financial communications for more than 10 years, writing content on subjects such as pensions, mortgages, loans and credit cards, as well as stockbroking and investment advice.

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