One-third of UK funding for insulation and heat pumps remains unspent

1 year ago 42

Only about £4.5bn of £6.6bn allocated for making buildings more energy efficient has been spent, analysis finds

A third of the funding pledged by the UK government for insulation and installing heat pumps has not yet been spent, analysis has shown, despite the continuing energy bills and cost of living crises.

About £2.1bn remains unspent of the £6.6bn that was supposed to be used between 2020 and 2025 on making buildings more energy efficient and decarbonising heat. The funding is part of the £9.2bn that was promised for such spending in the Conservative general election manifesto of 2019.

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