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£150m announced for insulation, clean energy and carbon reduction in Welsh social homes

£150m announced for insulation, clean energy and carbon reduction in Welsh social homes

The Welsh Government's Deputy Minister for Climate Change has announced an additional £150m of funding for insulation, clean energy and carbon reduction in social homes.

Speaking at a press conference on Tuesday, Lee Waters said the investment would reduce emissions, but also cut the energy bills of the people living in the homes.

Housing is one of Wales' biggest emitters, accounting for 9% of greenhouse gas emissions.

Speaking about the announcement, Lee Waters said;

"Today I’m announcing an extra £150m 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."

The announcement comes as world leaders are currently focusing on issues around the climate emergency at the COP26 summit in Glasgow.

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