LIB DEMS TO INSULATE 10 MILLION HOMES OVER NEXT DECADE IN ‘GREEN HOMES REVOLUTION’

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The Liberal Democrats today (Tuesday, March 3) announced plans to introduce a new Green Homes Bill in the next Parliament which would improve energy efficiency and promote renewable heat across the UK, ensuring more people benefit from permanently warmer homes and cheaper energy bills.

The Green Homes Bill would build on the success of the policies for warmer homes the Liberal Democrats have delivered in Government: more than one million homes with better energy efficiency in just two years thanks to ECO and the Green Deal; legislation for Zero Carbon Homes in new build and regulations to ban landlords from renting out energy inefficient homes from April 2018; and an ambitious new Fuel Poverty Strategy.

The new Bill would ensure these achievements are built on, incentivising people to insulate their homes by:

●      Offering at least £100 each year off your Council Tax for 10 years, when you significantly upgrade the energy efficiency  of your home

●      Reforming the Green Deal ‘pay as you save’ scheme into a new ‘Green Homes Loan Scheme’ which would  extend the current scheme to include renewable heat and electricity

●      A new ‘Feed out Tariff’ for investment in Solid Wall Insulation, the most expensive and disruptive type of energy efficiency measure

Liberal Democrats have set an energy efficiency ambition that every home should reach a high standard of energy efficiency by 2035. We believe energy efficiency should be one of our national infrastructure priorities and will support capital projects in this area for spending under our new fiscal rules that permit borrowing for “productive capital”, so long as debt is falling as a share of GDP. 

Deputy Prime Minister and Liberal Democrat Leader, Nick Clegg said:

“We relentlessly pushed the green agenda over the last five years in government, in the face of strong resistance from the Conservatives. 

“Yet despite much needed progress, people particularly from vulnerable households still suffer from homes that are too cold and bills that are too high.

“Energy efficiency is the most important fuel we didn’t know we had. Insulating millions of homes will significantly improve the cost of living and quality of life of people across the UK.”

Secretary of State for Energy & Climate Change Ed Davey added:

“Lib Dems in Government have a proud record of improving the nation’s leaky housing stock resulting in permanently warmer homes and cheaper bills, including beating our own target of getting one million homes more energy efficient through ECO and the Green Deal in the past two years.

“This is a solid start but I now want to see nothing less than a Green Homes revolution, delivering 10 million energy efficient homes by 2025 through ambitious targets and generous incentives for people who carry out work to make their homes warmer, cheaper and greener.”

 

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