Wales announces additional £150m to retrofit social homes with new technologies and insulation

0
711
Photo by Terrah Holly on Unsplash https://unsplash.com/photos/pmhdkgRCbtE?utm_source=unsplash&utm_medium=referral&utm_content=creditShareLink

Deputy Minister for Climate Change, Lee Waters, has announced an additional £150 million to retrofit social homes with new technologies and insulation to help curb Wales’ emissions.

Speaking at a press conference, the Deputy Minister explained how the Welsh Government’s ‘Optimised Retrofit Programme’ will assess what technologies work best in individual homes to ensure ‘optimum energy efficiency, value for money and top environmental credentials.’

The programme is set to see homes become so ‘well insulated that heat would no longer wastefully escape.’

According to the Welsh Government, the funding will also be used for the installation of smart technologies so tenants can best control their energy use and to install a mix of clean technologies such as heat pumps, solar panels and battery storage.

Mr Waters commented: “Today I’m announcing an extra £150 million to improve the energy efficiency of existing social homes in Wales through our Optimised Retrofit Programme.

“This investment will not only reduce emissions, but will cut the energy bills of the people who live in them.

“And we are already trialling heat pumps, intelligent energy systems and solar panels with battery storage.

“We are taking a whole homes approach, which assesses what will work best in individual homes. The programme will see homes become so well insulated that heat would no longer wastefully escape.

“Today’s announcement will help thousands more families be warm in their homes and support a just transition towards decarbonisation.”

According to the Welsh Government, housing is one of the country’s biggest emitters, accounting for 9% of all greenhouse gas emissions.

This summer Welsh Government announced a ban on fossil fuels to heat newly built social homes, with ambitions for the private sector to follow suit by 2025.

Welsh Government has also committed to building 20,000 low carbon social homes for rent over the next five years.