Member

Thirdly, it is right that we target help at those most in need, but we know the affordability crisis stretches well beyond those on low incomes. We want to make it easier for all households to cut their bills by choosing a heat pump, solar or batteries. Building on the steps we took at the Budget to make electricity cheaper, we are expanding the boiler upgrade scheme, increasing investment every year out to 2030. For the first time, we have a universal offer of £2,500 for a heat battery or air-to-air heat pump, as well as £7,500 to install a conventional heat pump, but I want to go further. Currently, just one in 20 homes in Britain has solar panels installed on the roof. We are determined to unleash a rooftop revolution, helping many more families to generate their own energy in order to cut their bills. I can announce that the Government are, for the first time ever, setting aside up to £2 billion to subsidise zero and low-interest loans for solar panels, batteries and other technologies, learning from the successful experience of other countries and meeting demand for this technology. That is just a first step, with a further £3 billion available for loans and investments over the coming years through our warm homes fund.