Futures has been awarded a fantastic £3 million grant as part of a national government-backed scheme to upgrade the energy performance of our customer’s homes.
The funding comes from ‘Wave 2.1’ of the government’s Social Housing Decarbonisation Fund and means we’ll be able to improve the energy efficiency of over 300 properties.
Customer’s homes with an Energy Performance Certificate (EPC) of D or below will benefit from upgrades such as external wall insulation and loft insulation, meaning customer’s homes will be warmer and cheaper to heat. The funding also means we’ll be able to pilot the installation of air source heat pumps, which is an exciting next step in reducing the carbon footprint of our properties.
The £3 million comes with a massive thanks to Midlands Net Zero Hub (MNZH) who’ve supported us in achieving this amount, under Nottingham City Council’s bid. MNZH has been working with us on our journey to net zero over the last few years, and helped us secure almost £1million funding in ‘Wave 1’ of the Social Housing Decarbonisation Fund in 2022.
Just over 80 homes received energy upgrades during Wave 1 with all improving from EPC D or below to C and above. Supporting customers to reduce their carbon footprint is something Futures is committed to do and helps achieve our important goal of all homes being EPC C and above by no later than 2030.
James Dial, Head of Sustainability & Asset Maximisation at Futures said: “I’m delighted Futures has secured funding through our Wave 2.1 application. The money will help accelerate our energy improvement journey and provide affordably warm homes for our customers. After the successful delivery of Wave 1, we can’t wait to get started on this programme.”
We’ll be rolling out the scheme over the next two years and qualifying customers will be contacted over the following months.