Energy companies are to spend around £350m over the next three years as part of a new government campaign to reduce carbon emissions from households.
The money is likely to be spent on whole use, whole street energy makeovers concentrating on some of the most vulnerable people in the UK.
Around 90,000 homes in some of the poorest areas in the UK should see an average saving of 20% per year in their emissions through a new community based energy saving scheme which was announced yesterday by Energy and Climate Change Secretary Ed Milliband. This amounts to financial savings of around £300 per year off fuel bills.
In the past year, more than 1.2 million homes have received some form of insulation under the Carbon Emissions Reduction Target (CERT) with enough professional loft insulation installed to stretch from London to Sydney and back.
The number of households getting this help through energy companies has increased, with Government recently increasing the target by 20%.