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Summary – November 2024 Warm Homes Plan announcements

By November 26th, 2024No Comments

Summary – November 2024 Warm Homes Plan announcements

General Comments

The Government has today unveiled further details of its Warm Homes Plan, confirming that 300,000 homes will benefit from retrofit upgrades over the course of the next financial year (2025/26).

In the Autumn Budget announced last month, the Government committed an initial £3.4 billion to the Warm Homes Plan covering the period 2025/26 to 2027/28. This will include central government grant funding as well as £1.4bn – £1.6bn of energy supplier-led investment delivered via the Energy Company Obligation (ECO) scheme and the Great British Insulation Scheme (GBIS).

The Government has now confirmed that approximately £1bn of this funding has been allocated to the financial year 2025/26. Table 1 summarises how this funding is broken down between different funding streams.

Table 1 – Funding level and number of homes upgraded through the Warm Homes Plan in 2025/26

Retrofit assessors may not be familiar with all of this equipment or competent in how to use it effectively. There should be a section in the Annex explaining the equipment in detail and outlining where retrofit assessors can undergo additional training in its use (if required).

This should outline the purpose of each piece of equipment (including what will it be used to measure or identify) and guidance on how to use it. It should also stipulate the standard of equipment required, as this could affect the accuracy of the results.

Figure 1 – Number of homes upgraded through government retrofit schemes: 2023/24 vs 2025/26

Alongside these high-level funding announcements, the Government has also released several other policy updates, including:

  • Confirmation of its plans for implementation of the Clean Heat Market Mechanism (CHMM) from 1 April 2025.
  • Publication of policy proposals to raise product standards for space heating appliances across Great Britain (GB).
  • Announcement of additional funding for the Boiler Upgrade Scheme. • Award of over £5 million to Ideal Heating through the Heat Pump Investment Accelerator Competition (HPIAC).
  • Removal of the 1m planning restriction for heat pumps.

Full details of the announcements can be viewed here.