£450m energy efficiency package for home-movers and landlords
Ed Davey has unveiled a £450 million scheme to help private landlords and people moving home to make their properties more energy efficient.
The Energy Secretary also pledged a £60 million boost to the domestic Green Deal over the next year. The package of measures was announced as Davey issued a statement in the House of Commons about the Government’s plans to cut green levies on people’s energy bills.
Davey said households would see an average saving of £50 on their energy bills through a rebate cutting the average customer’s bill by £12 for the next two years, and by reducing the cost of the Energy Company Obligation (ECO), a multibillion pound scheme imposed on the big energy firms to insulate fuel poor and hard to treat homes.
The latter would result in a £30-£35 cut to bills on average, next year, said Davey.