Warmer Homes
EARNZ plc, an energy services company focused on decarbonisation, has welcomed the UK Government's Warmer Homes Plan, which allocates up to £15 billion to upgrade housing stock and aims to lift one million households out of fuel poverty by 2030. The company is already experiencing increased order activity from the Social Housing Sector in anticipation of this significant investment, which will fund installations like solar panels, batteries, and heat pumps for low-income households through existing and consolidated grant funds.
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EARNZ (AIM:EARN), the energy services company whose objective is to capitalise on the drive for global decarbonisation, welcomes the recent Government announcement of their Warmer Homes Plan (WHP).
Following the recent announcement of the WHP, EARNZ are pleased to see increased order activity from the Social Housing Sector who are keen to see an opportunity to access up to £15 billion of spend to upgrade their housing stock, helping up to one million households out of fuel poverty by 2030. The scale of the plan is the largest ever public investment to upgrade British homes and cut bills reducing fuel poverty.
The plan will cover the cost of solar panel installation, batteries, and heat pumps, and fund home upgrades for low-income and fuel poor households. The funding will be delivered through the existing Warm Homes: Social Housing Fund (WH:SHF) and Warm Homes: Local Grant (WH:LG) funds, before being consolidated and integrated into a single scheme.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.