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Fully-funded insulation ‘fastest way’ to bring down energy bills

MOST Brits are in favour of a properly funded insulation and ventilation scheme, research published today shows.

Warm this Winter found that 72 per cent were in favour of the scheme, which experts have calculated could save up to £400 on yearly energy bills. 

Six out of 10 support a fully funded version of the programme, which would create energy-efficient homes that will also make bill-payers less exposed to energy shocks.

This week, the government issued its first yellow cold weather warning of the season, while some six million households remain trapped in fuel poverty and struggling to pay bills as temperatures drop.

Ofwat is due to announce January’s price cap for energy bills on Friday, which is projected to see them hiked once again after a 10 per cent rise in October.

Separate research by End Fuel Poverty Coalition, in collaboration with UCL and the University of Oxford, found that Britain’s poorest homes use 21 per cent less energy during cold weather than other households.

End Fuel Poverty Coalition co-ordinator Simon Francis said: “The Budget came nowhere near close to providing the funding needed to secure a Warm Homes Plan for those suffering the most in fuel poverty.

“But fully funded support to insulate, ventilate and improve the heating in people’s homes is the fastest way to bring down energy bills for good.

“Households and employers in the industry need the reassurance that the government will stick to its word and deliver the £13.2 billion investment in the Warm Homes Plan that they promised during the election campaign.”

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