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20/07/2023
£9.9m Investment Announced To Retrofit Homes In Nottingham
Nottingham City Council has announced a £9.9 million investment to retrofit homes and make them more energy efficient.
The money is part of a wider £18m investment given to Nottingham, Derbyshire, Nottinghamshire and Derby by the UK Government.
The project will target homes across both Nottingham and Nottinghamshire that have poor energy efficiency ratings and low income.
The scheme will involve the retrofitting of those homes most badly in need, with new insulation helping the properties to lock in heat and ensure the homeowner's energy bills remain affordable.
Derbyshire County Council, Nottinghamshire County Council, Derby City Council and Nottingham City Council have been working with the Government on devolution plans including a package of local powers and funding worth £1.14 billion, from 2024.
Commenting on the scheme, David Mellen, Leader of Nottingham City Council, said: "I welcome this extra investment as part of our ongoing plans for devolution – especially the £9.9m to retrofit homes to become more energy efficient. This will not only help keep bills lower during the current cost-of-crisis but will also support Nottingham’s ambition to become a carbon neutral city by 2028.
"Investment like this is a clear indication of the benefits that devolution would bring, with a potential £1.1bn funding pot to support our combined cities, towns and villages. The East Midlands desperately needs this investment.
"A devolution deal would help to create more jobs and training opportunities, improve transport infrastructure and create more homes for local people."
Reflecting on the potential impact of the scheme, Ben Bradley MP, Leader of Nottinghamshire County Council, said: "It's fantastic news that by working together we've secured yet another investment. This time new funding will help more homes to be energy efficient and help reduce bills for those who need it the most.
"Working with partners, we have previously led trials to help test and monitor the most effective ways to heat homes and soon more residents across the region will benefit. This is just taster of what could be achieved under a devolution deal."
The money is part of a wider £18m investment given to Nottingham, Derbyshire, Nottinghamshire and Derby by the UK Government.
The project will target homes across both Nottingham and Nottinghamshire that have poor energy efficiency ratings and low income.
The scheme will involve the retrofitting of those homes most badly in need, with new insulation helping the properties to lock in heat and ensure the homeowner's energy bills remain affordable.
Derbyshire County Council, Nottinghamshire County Council, Derby City Council and Nottingham City Council have been working with the Government on devolution plans including a package of local powers and funding worth £1.14 billion, from 2024.
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Commenting on the scheme, David Mellen, Leader of Nottingham City Council, said: "I welcome this extra investment as part of our ongoing plans for devolution – especially the £9.9m to retrofit homes to become more energy efficient. This will not only help keep bills lower during the current cost-of-crisis but will also support Nottingham’s ambition to become a carbon neutral city by 2028.
"Investment like this is a clear indication of the benefits that devolution would bring, with a potential £1.1bn funding pot to support our combined cities, towns and villages. The East Midlands desperately needs this investment.
"A devolution deal would help to create more jobs and training opportunities, improve transport infrastructure and create more homes for local people."
Reflecting on the potential impact of the scheme, Ben Bradley MP, Leader of Nottinghamshire County Council, said: "It's fantastic news that by working together we've secured yet another investment. This time new funding will help more homes to be energy efficient and help reduce bills for those who need it the most.
"Working with partners, we have previously led trials to help test and monitor the most effective ways to heat homes and soon more residents across the region will benefit. This is just taster of what could be achieved under a devolution deal."
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