The Welsh Government is investing £104 million over the next four years to increase the energy efficiency of up to 25,000 homes across Wales, helping to cut energy bills and improve the health and well-being of some of Wales’ most vulnerable households.
The Welsh Government Warm Homes programme, which includes Nest and Arbed, provides funding for home energy efficiency improvements to low income households and those living in deprived communities across Wales.
The £104 million funding includes £32 million of the additional £40 million funding announced in the Final Budget last month. The remaining £8 million will be invested in other green growth initiatives.
The Welsh Government funding will also lever in around £24million of European funding, in addition to Energy Company Obligation (ECO) funding.
The Cabinet Secretary for Environment and Rural Affairs, Lesley Griffiths, announced the funding during a visit to Trowbridge to see how households have benefited from previous Arbed funding.
Cardiff County Council were recently successful in receiving further Arbed grant funding and take up has been extremely positive, with over 75% of residents signing up for a survey within two weeks of applications opening.
There are now over 300 homes in the area involved in the Arbed scheme, with a further 100 planned over the next few months.
The Cabinet Secretary said:
“During the winter months how to keep warm while also meeting high energy bills is a very real concern for many low income households across Wales. I am therefore delighted we are committing £104million to our Warm Homes programme over the next four years.
The Warm Homes Programme aims to make improvements to homes, such as boiler and heating upgrades and applying loft insulation, to increase energy efficiency, reduce household bills and in turn reduce energy use and climate change.
There is also an emphasis on using the local supply chain to make these changes, creating jobs, developing skills and boosting the local economy.”