Renewable Energy: Housing

(asked on 23rd March 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government what steps they are taking to ensure that green incentives and loans for renewable energy efficiency measures for domestic properties are easy to understand and apply.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 5th April 2023

Catalysing the market for accessible green finance is a priority for Government. Our Green Home Finance Innovation Fund, which completed last year, was an early step in supporting the piloting of green mortgages.

That Fund is followed by the Green Home Finance Accelerator which launched in October 2022. This programme is making £20m available to lenders to develop and pilot a wider range of green loans products, with a focus on simple, straightforward customer journeys and high-quality advice. Learnings from the pilots will be shared with the lending community in due course to inform the design of future products.

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