Insulation cuts to add £18bn to price freeze costs

The government’s decision in 2013 to reduce support for home insulation upgrades will add up to £18 billion to the cost of the two-year Energy Price Guarantee, according to new analysis from the Energy and Climate Intelligence Unit. The think tank said if the support had remained in place, then 10 million homes – or 40% of the UK’s housing stock – could have been fitted with loft and cavity wall insulation, lowering total domestic gas demand by around 10%.

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