Successful bids from wave 2.1 of Social Housing Decarbonisation Fund announced.
Yesterday, the Government announced the bid results for Wave 2.1 of the Social Housing Decarbonisation Fund (SHDF) and Phase 2 of the Home Upgrade Grant – awarding £1.4 billion to successful social housing providers, local authorities, and charities.
The funding, allocated to improve the energy efficiency of homes, is estimated to total £2.5 billion with match funding from applicants. This investment offers an important opportunity for social housing providers to reduce the carbon emissions of their stock and the energy bills of thousands of properties.
From April 2023, the funding will be released over the next two years, coming at a pivotal time as energy bills remain unaffordable for many. The scheme supports measures like exterior wall insulation, cavity wall insulation, loft insulation, new windows and doors and draft proofing, with the government estimating annual bills savings of £220 – £400 for residents.
SHDF Supporting Sava Customers
Cumulatively, Sava customers will receive £245 million worth of funding, including the largest bid winners, Clarion. In addition to this, Sava supported 9 organisations with their SHDF bids through our analytics works, these customers have been offered £74 million.
Sanctuary Housing Association, who had one of the largest successful bids of £40.4 million will use the funding to retrofit 5,000 homes. Sava is pleased to have been able to support Sanctuary with their successful SHDF bid, working with them to consolidate and refine the data they had available into Sava’s Intelligent Energy software.
Another customer, Soha, who received £1.7 million in funding commented:
“Many thanks to Sava for all their help with the reports they produced for us ahead of submitting our bid, it was a great help.”
Sava is delighted for all customers who had successful bids – Consultancy Director, Dr. Neil Cutland said:
“Our congratulations to all of the organisations who were successful with their bids into the Social Housing Decarbonisation Fund. The funding gives these organisations the opportunity to roll out energy-saving and cost-cutting measures which will lead to warmer and more energy efficient homes for their residents.
“We were pleased to see that so many of our Sava customers received funding, and are looking forward to continuing to support their analytics and consultancy requirements as they begin to implement their funded projects.”
If you would like to find out more about how Sava can help analyse data, assist with zero carbon goals, or provide strategic advice and research, please contact us at technology@sava.co.uk or read more here: www.sava.co.uk/towards-zero-carbon/analytics-and-strategic-support/