Part of this Budget 2022 has arrived and there is lots of good news for homeowners looking to carry out home energy upgrades this year. A total of €858 million overall has been allocated to the Department of the Environment, Climate and Communications. €368 million of this will be used for Energy Transformation, an increase of 17% on last year.
What does budget 2022 mean for homeowners?
The government has allocated €202 million for residential and community retrofit schemes. This will fund large home energy upgrade projects. Use our handy cost calculator to see what this would mean for your home. A further €10 million has been allocated to the Solar PV scheme. Grants for individual home energy upgrades such as Boiler & Heating Controls, Insulation will also continue.
What kind of home energy upgrades are supported by budget 2022?
Budget 22 will facilitate home energy upgrades for:
- Deep Rerofit projects
- Solar PV
- Boiler & Heating Controls
- Insulation
Why are the governement focusing on home energy upgrades in Budget 2022?
The Irish government has committed to cutting carbon emissions in half by 2030. As part of this plan homes across the country will need to have their energy systems modernised. Homeowners who undertake home energy upgrades can expect:
- Cheaper heating bills
- A reduced carbon footprint
- A warmer home