Dáil Éireann Debate, Tuesday - 1 March 2022
164. Deputy Richard Bruton asked the Minister for the Environment, Climate and Communications if he has considered funding deep retrofits for older persons with the recovery of their share of the costs from a later transfer of the property which is the principle underpinning the fair deal scheme in health. [11149/22]
View answerThe National Retrofit Plan sets out the Government's approach to achieving the Climate Action Plan targets of upgrading the equivalent of 500,000 homes to a Building Energy Rating of B2/cost optimal level and installing 400,000 heat pumps to replace older, less efficient heating systems by 2030. The Plan is designed to address barriers to retrofit across four key areas: driving demand and activity; financing and funding; supply chain, skills and standards; and governance. In line with commitments in the Plan, the Government recently approved a package of significantly enhanced supports to make it easier and more affordable for homeowners to undertake home energy upgrades. The new National Home Energy Upgrade Scheme will provide increased grant levels of up to 50% of the cost of a typical deep retrofit to a B2 BER standard. A network of One Stop Shops will offer a new end-to-end project management service for homeowners. This includes surveying the home; designing the upgrades; managing the grant processes; helping with access to finance; engaging the contractors to deliver the work and then quality-assuring that work.
In addition, increased grants for attic and cavity wall insulation have also been made available, covering 80% of the cost to homeowners of these highly cost-effective upgrade measures. Free upgrades are available for households at risk of energy poverty. My Department is also developing a residential retrofit loan guarantee scheme which will enable financial institutions to offer loans with reduced interest rates for retrofit projects.
In light of the foregoing, an additional funding model such as that used for the fair deal scheme was not considered in the context of these recent changes.
