The Builders Merchants Federation (BMF), has welcomed the Chancellor’s Green Homes Grant scheme, which is set to support energy saving projects for householders in England as well as creating new jobs and leading to innovations in the insulation sector.
According to the BMF, the move will help make a significant impact in addressing the carbon emissions of the nation’s housing stock – accounting for 40% of total emissions – as well as improving the comfort and lowering energy bills in many thousands of homes.
Builders merchants will play a leading role in the scheme with a significant proportion of insulation materials in the UK distributed through merchants. The total market is valued at £1.2bn, a figure that is likely to rise on the back of the Government incentive.
John Newcomb. BMF chief executive, said: “We welcome the Chancellor’s proposal which will provide the confidence, incentive and support to homeowners to undertake the necessary upgrades.
“It is also extremely good news for the building materials supply industry. It is likely to bring new contractors into the market who will require just in time site deliveries. Our understanding is that the scheme will be delivered by a network of Trustmark approved installers and we will be talking with both Trustmark and the Government to encourage their use of local merchants from our network of some 5,600 branches throughout the UK.”