People in council tax bands A to E can save £400 on energy bills this year

An aerial view of Nottingham city centre. Photo used for illustrative purposes
An aerial view of Nottingham city centre. Photo used for illustrative purposes -Credit:Nottingham Post

People residing in Council Tax bands A to E could see a £400 reduction on their energy bills this year, thanks to a new scheme. The initiative, which was launched last year, aims to assist approximately 300,000 homes across the UK in reducing their heating costs and saving on energy bills this winter.

Under the Great British Insulation Scheme, the government has stated that support may be available for homes with an energy performance certificate (EPC) of D to G or those in Council Tax bands A-D in England or A-E in Scotland or Wales.

The scheme is open to homeowners, landlords, and tenants (whether renting privately or from a housing association). Tenants are advised to consult with their landlord before applying, as their permission will be required prior to the installation of any insulation.

The scheme operates by requiring energy suppliers to assist customers in lowering their heating bills through the implementation of energy efficiency measures, such as loft and cavity wall insulation. Depending on the proposed measure and any property issues, the cost of these measures may be partially or fully subsidised.

The GB Insulation Scheme has set the following objectives based on the modelled, expected outcomes: Over 300,000 households will be supported with energy efficiency measures between 2023 and 2026. Households participating in the scheme can expect lower energy bills than they would have otherwise had, with an average bill saving of £300-400 per year, reports Birmingham Live.

The government also aims to ensure the accuracy of key modelling assumptions, which will be considered as part of the monitoring and evaluation of the GB Insulation Scheme. A scheme may fail to meet its objectives if an inaccurate assumption is used, for example, if the assumed level of energy savings from installing a measure is incorrect.

Over 100,000 homes are forecasted by the government to be upgraded to at least an energy efficiency rating of Band C, aiding the government in meeting its statutory fuel poverty target.