New home insulation plan could knock £310 off energy bills

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New home insulation plan could knock £310 off energy bills
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Hundreds of thousands of households are to benefit from this

Hundreds of thousands of households across the UK will get free home insulation, including loft and cavity wall insulation, under a three-year Government scheme announced today . The scheme, called ‘ECO+’, could knock around £310-a-year off energy bills for those eligible.

What is ECO+? ECO stands for Energy Company Obligation and involves energy suppliers helping you retrofit your home to make it more energy efficient. ECO has been running since 2013, with the existing ECO4 phase for social housing, low income or fuel-poor tenants. The remaining 20 per cent of the help will be focused instead on the most vulnerable, including those on means-tested benefits or in fuel poverty, the Government said. It is not yet clear how this eligibility will be decided, with the details set to be thrashed out in a consultation starting today.

Reports had claimed people would also be offered smart energy controls like thermostatic radiator valves, but these are only being offered to the poorest 20 per cent of people if they are also getting insulation.

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