The Government’s effort to bring down the cost of energy by upgrading Britain’s draughtiest homes is under attack after it emerged that cuts to the scheme mean it would take 400 years to complete. Under new plans ministers intend to slash the pace at which the least efficient households will receive insulation upgrades. Better heat conservation can knock hundreds of pounds off a year of electricity and gas bills. The blow to energy efficiency has raised eyebrows among energy bosses who are braced for Government plans to intervene in energy supply prices for the first time since privatisation, in a controversial move which may result in only a fraction of the savings. The new energy efficiency proposals were published over the Easter weekend and set a target of insulating just 17,000 homes a year. It means it would take over 400 years to upgrade the 7 million solid wall homes in Britain, according to energy policy researchers at the University of Exeter. By contrast the efforts made during the coalition Government secured efficiency upgrades for 1.8 million homes since January 2013, an average rate of 360,000 homes a year.
Telegraph 8th April 2018 read more »