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£1 billion plan seeks to reduce UK energy consumption

The UK government has announced that it intends to release £1 billion in funding for residential insulation projects from next year, expanding access to a type of aid previously available only to the poorest families.

The idea is that the funding scheme, which will run for three years until March 2026, will help the British government meet its newly set target of reducing energy consumption by 15% by 2030.

“Our new ECO+ scheme will help hundreds of thousands of people across the UK to better insulate their homes to reduce consumption, with the added benefit of allowing families to save hundreds of pounds each year,” said the UK Chancellor of the Exchequer. , Jeremy Hunt, in a statement this Monday, 28.

The UK is facing a severe energy crisis, which has helped drive domestic inflation to the highest levels in more than four decades, as natural gas costs have soared across Europe amid Russia’s war in Ukraine.

Source: CNN Brasil

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