MILLIONS of homes could face forking out up to tens of thousands of pounds to make their homes greener, new research suggests.
As many as 15million homes in England and Wales need energy efficiency improvements, according to new research from Halifax.
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That’s because they are all have an Energy Performance Certificate (EPC) rating which is between D to G.
Every home has an EPC rating between A to G.
But the government is wanting to put a target in place for homes to have a rating of C or above by 2035.
That means millions of homeowners could face footing the bill to make their home hit this minimum rating, should government plans roll out.
Latest English Housing Survey research suggests the cost of improving a home’s EDC rating of D to a C would cost £6,472.
For homes with E ratings, this would cost £13,285, while F and G ratings would cost £18,858 to bring up to a C.
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It could mean a significant cost if homeowners are required to bring their properties up to a C rating by 2035.
Plus, house buyers may have to make energy efficiency improvements to get the best mortgage deals under government green plans.
Plans are being discussed whether lenders will have to disclose how energy efficient the homes they are lending Brits money for actually are.
But there are ways of getting free cash to make your home greener – we explain the help you can get.
How to make your home greener for less
There are a number of green schemes out there for homeowners to tap into.
Cash-strapped Brits can get £5,000 for a heat pump ahead of the gas boiler ban rolling out in 2035.
Councils are also offering up to £10,000 energy efficiency grants to households.
The grants for improvements are set to save households hundreds of pounds in bills and reduce energy waste.
But what you can get varies depending on who your council is and what they are offering – you can find our local council using the gov.uk‘s authority checker tool.
Using energy saving light bulbs could save you cash too.
You can install energy-saving light bulbs which could save you £180 on your energy bills compared to older style bulbs. An LED light bulb costs around £1.71 a year to run.
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