Overview

• OVO Energy’s research models a £15,470 package of heat pumps, solar panels, EV charging infrastructure and upgraded insulation across UK homes.
• Households adopting these low-carbon measures could save almost £13,000 by 2035 and more than £23,000 by 2040 compared with oil or gas heating.
• OVO’s CEO argues that the cost of inaction on net zero will exceed the expense of decarbonisation, countering claims that green upgrades are unaffordable.
• Academics note that homes with clean technology have fared better during recent gas price spikes, highlighting their role in bolstering UK energy security.
• Stakeholders are calling on ministers to scale up grants, low-interest financing and social tariffs, while the government has pledged £13.2 billion to retrofit five million homes.