The UK government’s green finance scheme – Green Home Finance Accelerator – has awarded 12 projects £16 million to help households improve their energy efficiency.
The 12 projects receiving funding today include E.ON’s optimised Energy as a Service, receiving £1 million to pilot a one-stop-shop for energy advice and funding for up to 350 households for low-carbon technology such as heat pumps, solar panels and battery storage.
Sunsave will also receive £1.9 million of government funding to test its Electric Roof project, which aims to reduce the barriers to the widespread installation of solar panels.
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Minister for energy efficiency and green finance Lord Callanan said the government is always looking to test “progressive ways” to help households save on bills and “make their homes greener and warmer”.
Green Finance Institute programme director Emma Harvey-Smith added: “Delivering a range of innovative and affordable financing solutions will help homeowners to make their homes more energy efficient, lowering bills and reducing emissions.
“Developing and piloting new green finance mechanisms to ensure they successfully support as wide a range of customers as possible, and unlock barriers to retrofit, will enable more energy efficiency home upgrades at pace and scale,” Harvey-Smith continued.
