£50m will 'help hard-pressed Londoners this winter'
Published by Max Salsbury for 24dash.com in Environment and also in Finance, Housing
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The UK Green Building Council has said that a £50 million pledge to improve the energy efficiency of more than 175,000 London homes will benefit hard-up residents during the winter months.
Announced by the Mayor of London today, the funds will be allocated to ensure energy improvements are delivered to the homes by 2017.
It is hoped that residents will save up to £180 a year on their energy bills.
John Alker, the UKGBC's director of policy and communications, said: “With rising energy bills sure to be hitting the headlines over the coming months, energy efficiency is by far the most cost effective way to permanently bring them down. This funding will help hard-pressed Londoners this winter and is a welcome boost for the capital’s green housing ambitions.”
Mayor Boris Johnson said: “This vital Decent Homes investment will enable us to help boroughs transform some of the poorest quality council estates and social housing in need of urgent repair.
“Many families are also rightly concerned at the cost of their energy bills so I’m delighted to be able to put in place a programme of energy-saving measures for homes across the capital. This will result in renovations that lower energy bills for thousands of residents."