IDEAS home Printed from https://ideas.repec.org/p/ehl/lserod/130728.html
   My bibliography  Save this paper

The UK's Warm Homes Plan: options for public loan schemes

Author

Listed:
  • King, Andy
  • Sentance, Virginia
  • Milner, Lauren
  • Brett, Ellen

Abstract

Decarbonising domestic heating is one of the most challenging elements of the UK’s net zero transition. The largest single challenge is to replace around 23 million gas boilers with low-carbon heating technologies – i.e. those that use electricity generated from renewable sources rather than gas. Heat pumps are the primary tool for low-carbon heating and are central to the sector’s electrification. Although well-established internationally, the proportion of households in the UK with a heat pump is among the lowest in Europe. This policy insight reviews different potential loan models for households purchasing heat pumps, in the context of the UK Government having allocated £5 billion of ‘financial transactions’ to the Warm Homes Plan, exploiting the flexibility offered by its new balance sheet fiscal target.

Suggested Citation

  • King, Andy & Sentance, Virginia & Milner, Lauren & Brett, Ellen, 2025. "The UK's Warm Homes Plan: options for public loan schemes," LSE Research Online Documents on Economics 130728, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:130728
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/130728/
    File Function: Open access version.
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:130728. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.