LONDON, Jan 20 (Reuters) – Britain on Tuesday set out a 15-billion-pound ($20 billion) plan to cut energy bills through home upgrades and other efficiency measures, forming part of its wider decarbonisation efforts.
Here are some details:
• New homes will be built cheaper to run, with solar panels as the standard from early 2026, the government said
• Homeowners will be able to apply for government-backed, low- and zero-interest loans for solar panels, batteries and heat pumps
• The move will triple the number of homes with solar panels on their rooftops by 2030, according to the government
• The government will spend 5 billion pounds to ensure low-income households receive free technology upgrades most suitable for their homes
• Some families could receive fully funded installations of solar panels and a battery, covering the average costs of 9,000 pounds and 12,000 pounds, respectively
• Financial breakdown: 2 billion pounds for consumer loans, 2.7 billion for a boiler upgrade scheme, 1.1 billion for heat networks, 2.7 billion through the Warm Homes Fund, and 1.5 billion for other programmes and devolved administrations
($1 = 0.7437 pounds)
(Reporting by Muvija M. Editing by Mark Potter)
