/// Tue 30th June 2026
The Warm Homes Plan published earlier this year announced the creation of a Warm Homes Fund containing £5 billion Capital Departmental Expenditure Limits (CDEL) Financial Transactions (FTs). The fund will support the home upgrade and retrofit supply chain. Initially, £2 billion, comprised of £1.7 billion from the fund and £300 million capital grant, will be allocated to the consumer loans scheme announced in the Plan, which is being supported by the Green Home Finance Strategic Partnership. The remaining £3.3 billion will be available as innovative finance for investments and loans to support homes and communities.
There are a range of options for how this funding could be allocated, including opportunities to bring down energy costs and scale up deployment of solar panels, batteries, heat pumps, heat networks and other technologies. The purpose of this call for evidence is to help identify proposals for how the fund could deliver the greatest impact by helping as many households as possible upgrade their homes and save on energy bills, while delivering a return for the taxpayer.
The call for evidence seeks views on the draft aims and scope for the fund, as well as the strategic opportunities and challenges for using government finance to drive forward investments in home upgrades. It also seeks views on different use cases for the finance, including loans, equity investment, subscription or ‘energy as a service’ models, bulk purchasing, skills, community energy and heat networks.
We expect to set out the future direction for the Warm Homes Fund later in 2026.