After a yearlong stint of speculation and rumours, the much-anticipated Heat and Buildings Strategy has been published. The strategy helpfully issued a week before the budget provides UK businesses and consumers with a set of important policies and principles that will shape the rollout of heat decarbonisation across the economy. However, while the CBI welcomes the strategy, commitments made throughout the document fall well short of what was asked and are indeed required to help businesses meet government targets on heat, and net zero.
As expected, the strategy contains heightened targets in line with government’s net zero ambitions. The headline figures for domestic homes include a £450m boiler replacement scheme, allowing homeowners to apply for £5000 grants to fund the installation of low carbon heat pumps (£6000 for air source heat pumps). The grant aims to prime energy efficient heating technology (600,000 heat pumps per year in 2028 and potentially up to 1.7 mill