Homeowners Could Receive 80% Grant To Insulate Their Property

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Homeowners could be set to receive an 80% grant from the State to insulate their properties.

While the state is expect to pay for half of the costs of bigger projects.

It follows concerns being raised about energy costs are driving the high rate of inflation and disproportionately impacting those on lower incomes

The Home Energy Upgrade Scheme will contribute €26,000 of a 53000 euro deep retrofit project designed to bring a home with an E2 rating to B.

This would reduce the heating bills by as much as two thirds giving substantial savings each year. 

Almost 5 billion euros of the additional funds raised by carbon taxes will be targeted at home energy efficiency.