The Department for Energy Security and Net Zero has announced that 300,000 homes across the UK will be handed £7,500 each to ditch their boiler and install a heat pump in 2025
Octopus Energy customers could see a reduction of £300 annually on their bills, thanks to a £7,500 heating upgrade grant. This comes as energy bills are set to rise by another £21 or 1.2 percent.
Planning regulations have been eased to expedite the installation of heat pumps, and more homes will be offered insulation as part of the scheme. The government asserts that a heat pump can reduce bills by as much as £100 a year, while insulation can cut another £200 off, costs covered by the scheme.
It added: "Working alongside the government's mission to make Britain a clean energy superpower, the Warm Homes Plan will ensure millions more households benefit from homegrown energy delivered by every new turbine, solar panel or pylon built on the path to energy independence.", reports the Express.
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