CHANCELLOR Rishi Sunak has announced homeowners will be given £5,000 in energy saving vouchers to help them insulate their homes.
The new policy is part of Chancellor Rishi Sunak’s plans to create more than 100,000 green jobs and kickstart the economy after the coronavirus lockdown.
⚠️ Read our coronavirus live blog for the latest news & updates
Yes. The grants will be part of a wider £3billion investment in green technology, with the UK aiming to go carbon neutral by 2050.
£1billion of this will be spent on revamping public buildings and social housing, while the extra £2billion will go towards the vouchers and making homes more energy-efficient.
The Sun reported on July 7 that homeowners will get £2billion of vouchers to make their homes more environmentally friendly.
The most vulnerable households will get up to £10,000 to help make their houses more environmentally friendly.
Rishi Sunak said the government will provide extra work for plumbers, builders and tradesmen to help the economy recover.
The Chancellor said: “From September, homeowners and landlords will be able to apply for vouchers to make their homes more energy efficient and create local jobs.
“The grants will cover at least two thirds of the cost, up to £5,000 per household.
“And for low income households, we’ll go even further with vouchers covering the full cost – up to £10,000.”
Homeowners will be able to use the money on loft, wall and floor insulation, eco-friendly boilers, heat pumps, double or triple-glazed windows, low-energy lighting and energy-efficient doors.
Brits will be able to access a website from September with various options for making their home more energy efficient.
There will also be a list of accredited suppliers on the website, which the government says will create work for tradesmen.
Rishi Sunak said the scheme could save Brits £300 a year on their energy bills.
The Government will cover at least two thirds of the cost that homeowners in England spend on green upgrades.
Those on the lowest incomes will not have to pay anything.
This means a householder would pay £1,320 of the £4,000 bill for cavity wall and floor insulation for a semi-detached or end-terrace house, while the Government would pay the rest of the bill costing them £2,680.