Ocean Housing secures £1.8M funding to improve energy efficiency and reduce bills
As part of its on-going energy efficiency programme, Ocean Housing is to receive almost £2M from a second round of improvement funding. from the Government’s Social Housing Decarbonisation Fund (Wave 2.1). This government grant funding will be matched by Ocean investing £3.5m over the next two years.
This follows recently completed energy efficiency works to improve the standard of its housing in the St Dennis area. 58 homes had a combination of new roofs, windows, doors, loft and external wall insulation, ventilation upgrades and new heating and hot water systems. This work was also supported by funding from the Social Housing Decarbonisation Fund (Wave 1) at a total cost of more than £1.45m.
Head of Property Services, Alan Vass, said, “This is great news for our customers across Cornwall as we will be able to improve the energy efficiency of a further 270 homes. This work will help to lower energy bills for our customers and help to meet the UK’s net zero ambitions.”
Ocean Housing worked with local authorities and social landlords across the South West as part of the South West Net Zero Hub to secure this government funding. The UK government set a target for social housing providers to attain the minimum rating of Energy Performance Certificate (EPC) C for rented properties by 2030.
The works planned by Ocean Housing are expected to begin in the next few weeks.