Green Homes Grant scheme
Government announces new Green Homes Grant scheme
The headlines are: HOMEOWNERS will receive a £5,000 energy voucher to insulate their homes as part of the government's "green energy" economic package.
As of today we dont know all the answers as the details have not been released.
However it is said that homeowners will get £2billion of vouchers to make their homes more environmentally friendly.
The grants will be part of a wider £3billion investment in green technology, with the UK aiming to go carbon neutral by 2050.
£1billion of this will be spent on revamping public buildings and social housing, while the extra £2billion will go towards the vouchers and making homes more energy-efficient.
Mr Sunak is expected to unveil these plans fully on Wednesday afternoon (July 8) in his "mini-budget" in the House of Commons.
Under the Green Homes Grant scheme, hundreds of thousands of people will be able to access vouchers of up to £5,000.
The Government will cover at least two thirds of the cost that homeowners in England spend on green upgrades, while those on the lowest incomes will not have to pay anything.
The cash can be spent on a range of environmentally friendly additions to your home.
This includes loft, wall and floor insulation, eco-friendly boilers, heat pumps, double or triple-glazed windows, low-energy lighting and energy-efficient doors.