Funding is to be made available to Derby Homeowners for installing external wall insulation resulting in lower heating bills, improved comfort and a reduction in carbon emissions for private sector properties.
The City Energy Saving Programme (CESP) has secured funding in partnership with Derby Homes through Warm Zone funding, which is operated by the fuel poverty charity National Energy Action (NEA). The funding will provide approximately £1500 towards the approximate £8k cost of solid wall insulation to a typical 3 bedroom semi-detached property. The balance will be funded by a £500 homeowner deposit and a £6k interest-free loan from Derby City Council, repayable over up to four years.
Councillor Fareed Hussain, Cabinet Member for Urban Renewal said:
The Warm Zone funding will enable more homeowners to benefit from lower energy bills, who may have previously been unable to afford to install insulation in their property. Our City Energy Saving Programme will deliver approximately £360k worth of energy efficiency improvements to 45 properties in Derby. The project supports the objectives of our Derby City Council Plan by improving housing standards and promoting health and well-being by increasing comfort for homeowners and reducing the likelihood of households suffering from fuel poverty and winter cold-related illnesses.
The installation of solid wall insulation typically reduces energy bills by an average of £270 per year, improves thermal comfort and reduces lifetime CO2 emissions by approximately 40 tonnes for a typical participating property.
The Derby City Council contracts carry a 25-year guarantee, ensuring the work will be carried out to a high standard.