UK: Energy giants to agree improved home insulation deal

The government and the “Big Six” energy companies are this afternoon expected to hammer out the final details of a deal that will see investment in domestic energy efficiency programmes increase by up to 30 per cent over the next three years.

The deal will increase the amount energy firms are required to pay into the government’s carbon emissions reduction target (Cert) free insulation scheme by around £1bn to £3.8bn. However, it is unlikely to appease trade unions and Labour backbenchers who yesterday reiterated calls for a windfall tax on energy firms to fund increased winter fuel payments. Read more

Source: Business Green

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