£5 million for greener homes in Wales

The Welsh Government has invested more than £5 million in new funding for the Green Homes Wales scheme in 2026-27.

A Welsh Government initiative, Green Homes Wales is managed by the Development Bank of Wales. It is designed to support eligible homeowners in making energy-efficiency and low carbon heat improvements to their homes.

Almost £12 million have been invested into the scheme since its launch in October 2024.

Green Homes Wales offers interest-free loans from £1,000 to £25,000, with repayment terms of up to 10 years. The money comes alongside expert advices to support households to make improvements without large upfront costs.

Cabinet Secretary for Housing and Local Government, Jayne Bryant, 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."