UK green home policy: how much is the government willing to spend?

November 4, 2021
UK green home policy: how much is the government willing to spend?
The demand for “green” buildings has been increasing steadily over the last years. Reducing CO2 emissions from buildings is especially relevant.

The demand for “green” buildings has been increasing steadily over the last years. Reducing CO2 emissions from buildings is especially relevant. The UK is ready to allocate $5.4 billion for the implementation of this program.

How will the money be allocated?

Payments will be provided:

  • in the form of grants to those homeowners who change their old gas boilers for new alternatives with high environmental performance;
  • as financial aid to decarbonise public buildings and under-income households.

It is also planned to reduce the price of electricity, which stimulates citizens to switch to this type of energy instead of gas.

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