Published on February 11th, 2009 | by Ariel Schwartz2
7 Million UK Homes to Receive Free Insulation
February 11th, 2009 by Ariel Schwartz
It’s a full-on insulation war between Australia and the UK, with the former announcing free insulation for 2.2 million homes last week, and the latter announcing a program yesterday to give 7 million homes free retrofits.
The UK’s insulation scheme will be funded by £1 billion in energy saving initiatives from UK firms. Additionally, homes receiving insulation will be encouraged to install solar panels and wood-burning boilers.
Conservatives in the country are also proposing grants of up to £6,500 for retrofitting per household, which could be repaid over 25 years from savings on gas and electricity bills.
More details on the UK’s grand plan will be announced this Thursday.