The UK government has confirmed it will maintain Labour's £13.2 billion fund aimed at enhancing household energy efficiency through insulation and renewable energy installations. This decision marks a significant win for Labour in its negotiations with the Treasury, effectively safeguarding the warm homes plan designed to alleviate fuel poverty and improve housing energy efficiency. Grants and low-interest loans from this fund are projected to insulate an additional 5 million homes, promoting the government's commitment to environmental targets and reducing energy costs by 2030, amid advocates calling for its protection.
The UK is committing £13.2 billion to improve energy efficiency, crucial for meeting net-zero targets and lowering household energy bills.
Labour's landmark warm homes plan, supported by charities and businesses, aims to insulate 5 million homes and tackle fuel poverty effectively.
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