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HomeSourcesmirror.co.ukInsulating draughty homes this winter 'could save families £260 a year'

Insulating draughty homes this winter ‘could save families £260 a year’

The New Economics Foundation claimed that if insulation rates had kept pace with a decade ago, nearly all properties would have been completed

Fitting emergency insulation in draughty homes this winter would save families £260 a year, research reveals tonight.

The Government’s plan to cap average household prices at £2,500 until April will cost the Treasury an estimated £35.5billion, according to the New Economics Foundation.

But measures like installing loft and cavity wall insulation in every available home to cut the amount of heating used would cost an initial £3.6bn, rising to £27bn to complete the scheme – saving £4.9bn, the think tank said.

If insulation rates had kept pace with their 2012 peak, almost all homes would be rated Energy Performance Certificate (EPC) C by now, the Foundation revealed.

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