Green Homes Finance Accelerator Funding New Financing Solution for Residential Retrofit Projects
Summary
With a large majority of the UK’s roughly 29 million domestic properties requiring significant energy efficiency, low-carbon heating and microgeneration improvements, POST-FREE aims to design and develop a solution to facilitate the whole-house decarbonisation of homes. While not everyone will have the financial freedom to complete an entire retrofit project, we believe advice and support is key to helping people make smarter decisions and that is the ambition of this consumer-friendly technology. “By working with Scroll Finance, we have aligned our specialisms for a greater good that we believe could be a gamechanger for the industry and tackling decarbonisation within housing.” The government’s Department for Energy Security & Net Zero (DESNZ) has enabled the project via the Green Home Finance Accelerator, part of the Net Zero Innovation Portfolio and worth £137,000, under the ‘discovery phase’ of the competition. This innovation funding is welcomed to develop green finance products which can enable uptake of home energy efficiency and low carbon heating measures. We are supporting these organisations to develop fresh and innovative ways of helping more people get better access to energy efficiency measures, such as loft insulation, double glazing and heat pumps.”
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