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Sat September 21 2024

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Wheatley to invest £100m in greener homes

2 Sep 21 Scottish social landlord Wheatley has unveiled a £100m plan to invest in sustainability initiatives.

The initiatives are intended to contribute to its long-term aims of becoming carbon neutral and eliminating fuel poverty.

Investment totalling 拢100m over the next five years will include:

  • 拢36m spent on new double/triple glazed windows to make homes more energy-efficient;
  • 拢10m on external wall insulation to help improve the thermal efficiency of homes and cut fuel bills; and
  • 拢10m on 鈥榗onnected response鈥, a system that has been shown to reduce energy use in electric heating by up to 30% and cut bills by up to 拢300 per year.

Wheatley, like other social landlords, is working to improve the energy performance of its homes by 2032, under the Scottish government鈥檚 requirement for Energy Efficiency Standards in Social Housing (EESSH).

The group will also invest 拢10m on new technologies to improve energy efficiency as they become available to meet these EESSH targets.

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Stephen Devine, Wheatley鈥檚 director of assets and sustainability, said: 鈥淲heatley is absolutely committed to creating 鈥楪reener Homes, Greener Lives鈥 across Scotland over the next five years 鈥 and we want to inspire our staff and the communities we serve to help us meet climate commitments and reduce carbon emissions.

鈥淢any of our communities are already benefiting from our massive investment programme, including new energy-efficient heating systems in multi-storeys and solar panels, which make our homes more environmentally friendly and reduce heating costs.鈥

Other future plans will include an emphasis on green jobs and apprenticeships 鈥 including with Wheatley鈥檚 partner City Building (Glasgow) 鈥 in renewables and low-carbon alternatives to gas, such as electric and hydrogen heating, as well as more electric vehicles and improved recycling.

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