MCS reacts to additional £1.5 billion of funding to the Boiler Upgrade Scheme
Ian Rippin, MCS CEO, said:
"We are enormously pleased to see the Government pledge an additional £1.5 billion of funding to the Boiler Upgrade Scheme today.
The increase of the grant amount to £7,500 back in October made heat pumps affordable for more people. However, this came at the cost of reducing the number of overall vouchers the Government would be able to provide. Today’s announcement means that more homeowners across England and Wales can install low carbon heating with help from the Boiler Upgrade Scheme.
The increase equates to an additional 200,000 vouchers, which will go a long way to supporting Government ambitions to install 600,000 heat pumps a year by 2028.
With the Future Homes Standard consultation published last week showing clear signals from the Government that heat pumps are the only feasible choice for UK consumers to decarbonise their homes, and today’s doubling down on the Boiler Upgrade Scheme, there has never been a better time to invest in your low-carbon future by installing a heat pump."
Nick Salini, Director of heat pump contractor Thermal Earth Ltd added:
"It’s great news to see the Government announcement today of additional funding for the BUS. Increasing the available vouchers will help drive demand for heat pumps and the growth in the industry we all hope to see over the next few years.
We have no doubt that heat pumps are the future for heating our homes and buildings, this extra financial commitment will encourage more homeowners and heating engineers to move away from the installation of fossil fuel-based heating systems."