Overview

• The government is considering offering grants to low-income households and low-interest loans to wealthier ones to support solar panel and battery installation.
• These measures are part of the Warm Homes Plan, which has allocated £3.4 billion over three years to improve energy efficiency in homes.
• Plans may include increasing payments to households for unused energy sold back to the National Grid, which currently pays significantly below market rates.
• The initiative is seen as critical to achieving the government’s clean energy goals, including 95% clean electricity by 2030 and 600,000 heat pump installations annually by 2028.
• Final details of the program, including funding specifics, will be announced after the next spending review in June 2025.