Hundreds of thousands to lose heat pump subsidies in Reeves's budget plan
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Hundreds of thousands to lose heat pump subsidies in Reeves's budget plan
"The urge to get bills down is the right one, everything should be on the table. The move will mean restricting heat-pump subsidies so that only those receiving certain benefits will be allowed to claim. Photograph: fhm/Getty He added: The risk here is that, like winter fuel payments, the additional benefit of cutting support schemes for clean technology isn't noticed by the majority, but really is by those that lose out."
"Among those measures, according to sources briefed on the budget preparations, is a plan to take energy efficiency levies off bills and fund them through the government's existing warm homes plan. The move will mean restricting heat-pump subsidies so that only those receiving certain benefits will be allowed to claim them, sharply bringing down costs to the government. Supporters of the change say that the subsidies, which can be as high as 7,500, were largely going to middle-class households that could have afforded them anyway."
The chancellor plans measures to lower energy bills, including removing energy efficiency levies from bills and funding them through the warm homes plan. The policy will restrict heat-pump subsidies so only people receiving certain benefits can claim them, sharply reducing government expenditure. Subsidies can be as high as £7,500, and supporters argue many recipients were middle-class households able to afford installations. Restricting support is likely to slow the transition from gas boilers to cleaner, more expensive heat pumps and could weaken energy security by prolonging reliance on fossil fuels.
Read at www.theguardian.com
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