Welsh households looking to cut their energy bills and
reduce their carbon footprint will benefit from more
than £5 million in new funding for the Green Homes Wales scheme
in 2026-27.
Green Homes Wales is a Welsh Government initiative, managed by
the Development Bank of Wales, designed to support eligible
homeowners in making energy-efficiency and low
carbon heat improvements to their homes. Since its
launch in October 2024, the Welsh Government has
invested almost £12 million into the scheme
The scheme offers interest-free loans ranging from £1,000 to
£25,000, with repayment terms of up to 10 years, as well as
fully funded expert advice — giving households the support and
flexibility they need to make meaningful improvements without
large upfront costs.
Homeowners begin with an initial assessment and a
detailed whole‑home review to identify suitable
improvements, before receiving tailored advice and support to
apply for an interest‑free loan. An independent Retrofit
Coordinator oversees all works to ensure they are safe,
high‑quality and fully compliant.
The £5 million allocation follows strong demand for the
scheme this year, reflecting the appetite among Welsh
households to take control of their energy costs and invest in
their homes.
Green Homes Wales can be used alongside the UK Government's
Boiler Upgrade Scheme, which provides grants for heat pump
installations across England and Wales. Homeowners do not
need to apply directly, an approved heat‑pump installer
will submit an application on their behalf.
It also works in conjunction with collective purchasing schemes
being organised by a number of local authorities in
Wales, helping households access even more support.
Cabinet Secretary for Housing and Local Government, , said: "Green Homes
Wales has already helped hundreds of households across
Wales reduce their energy bills and lower their carbon footprint,
and the strong demand we've seen shows just how much appetite
there is among homeowners to invest in their homes.
"This new £5 million investment means even more people in Wales
will be able to make the improvements they need to futureproof
their homes and lower their energy bills — whether that's
installing a heat pump, upgrading their insulation, or
modernising their heating system — without needing thousands of
pounds upfront. And the free expert support
means householders can invest with confidence.
"The Welsh Government is committed to ensuring that making your
home greener is a choice that's open to
everyone and I'd encourage anyone interested
in making improvements to their home to find out
what Green Homes Wales can offer."
Cenydd Rowlands, Property Director at the Development Bank of
Wales, said: "We've seen strong demand for the support provided
by Green Homes Wales from homeowners across the
country.
“This new funding will allow us to continue to service that
demand, and support households as they look to improve their
energy efficiency and cut bills."
For more information and to check eligibility,
visit: Green Homes Wales - Dev
Bank
ENDS
Notes to editors
Since its launch in October 2024, the Welsh Government has
supplied £10.26 million of loan funding to retrofit
homes and further £1.47 million to provide expert,
technical advice - £11.73 million in total.