
Created grants to insulate homes which saves both money and energy.
The Green Party unveiled a new home energy upgrade scheme that would be the largest home insulation/retrofit scheme ever offered in the state. Newer residential buildings are close to half of the cost of new grants relating to deep renovation of homes that achieve high B2 efficiency standards. That means grants to the value of €25,000 or more may be paid to individual homeowners. There are also options for an 80% grant for further minor operations like insulating the attic and cavity wall.
The Home Energy Upgrade Scheme is certain to feature significantly in Ireland’s new climate targets; as well as being an efficient means of reducing emissions, it will help alleviate fuel poverty and guarantee that, in the not-too-distant future, no people will need to endure cold environments. More importantly, choices are now available for all types of households—well-off, medium, and low-income ones. About half of the homes in the nation could benefit from having the insulation in the attic increased, which reduces the price of heating the family home by 25% each year.
Processing of applications in 2022 was about over 50, 000, with 27, 000 retrofits accomplished—a rise from 80% compared to 2021. This has saved over 40,000 metric tons of CO2 emissions, also an 80% increase.