Who does the government think will be the 90,000 lucky people who succeed in pocketing £5,000 grants to replace their gas boilers with heat pumps? Just-about-managing homeowners in ‘Red Wall’ seats who strained every sinew to buy a draughty two up, two down – or well-off homeowners with nice period houses, lots of capital and three cars on the drive?
Here’s a little clue: even taking into account the £5,000 grant it will still cost upwards of £5,000 to install the heat pump itself, plus another £10,000 for insulation and to install larger radiators – so it is really not an option for the first group. As for the second, they are bound to lap up those grants, just as they have every other environmental handout on offer.
It is always the same with green grants.
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