PARLIAMENTARY WRITTEN QUESTION
Heat Pumps: Finance (2 May 2023)
Question Asked
Asked by:
Helen Morgan (Liberal Democrat)
Answer
The Government is providing funding through the ‘Help to Heat’ schemes, including the Boiler Upgrade Scheme, which provides £5,000 grants for an air-source heat pump, in addition to the 0% rate of VAT on this technology.
These schemes are part of a comprehensive package to grow the heat pump market and work with industry to reduce costs to consumers, which also includes targeted regulation and steps to support supply chains, such as the Heat Training Grant for installers and Heat Pump Manufacturing Investment Accelerator Competition. Further details are in Powering Up Britain (2023) and the Heat and Buildings Strategy (2021).
Answered by:
Graham Stuart (Conservative)
10 May 2023
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.