The government should do more to implement policies that will support the financing and roll-out of energy efficiency retrofits in UK homes in order to reduce energy bills, support green jobs and deliver on the UK’s net zero targets, according to a new report commissioned by industry-led group Bankers for Net Zero. 

The Retrofit Conundrum report comes days after the government announced its ECO+ scheme. It was developed with WPI Economics and sponsored by HSBC UK calls for greater action.

The report highlights key examples of successful trials and local case studies which are exploring innovative methods of scaling up energy efficiency measures in households. This includes West Midlands Combined Authority’s Net Zero Neighbourhoods programme, Cosy Homes Oxfordshire retrofit service and Bristol City Council’s LEAP Initiative, and learnings from several of these trials have supported the key recommendations in the report.