£20m fund to keep homes warm

£20m fund to keep homes warm

An additional £20 million will be invested to cut fuel poverty and improve the energy efficiency of Scotland’s housing, Social Justice Secretary Alex Neil confirmed this week.

£6 million is earmarked for home energy efficiency programmes that will support measures such as solid wall, cavity or loft insulation.

An additional £14 million will be invested in low cost home energy efficiency loans available to households in the private sector to supplement existing grant schemes to help install energy efficiency measures.

This additional funding will take the Scottish Government‘s investment to tackle fuel poverty and boost energy efficiency over the three years 2013/14 to 2015/16 to around £300 million.

Details of the loan schemes will be announced in due course.

Mr Neil said: “This Government is determined to tackle fuel poverty and improve energy efficiency head on, as this additional £20 million investment for energy efficiency measures demonstrates.

Fuel costs have risen six times faster than incomes since 2003. In 2013, fuel prices rose by seven per cent, pushing more people into fuel poverty. The fact that this is happening in an energy-rich country is outrageous.

Given the recent reductions in energy costs, all energy providers must implement price cuts now and not wait until the Spring.

This additional funding means we have allocated over half a billion pounds since 2009 to make Scotland’s homes more energy efficient”.

Over 700,000 households have benefited from measures like new boilers or insulation targeted in particular at those in or at risk of fuel poverty.”