The Public Accounts Committee sought input on how Government intends to deliver emission reductions in home heating, which will be key to meeting the overall target to achieve net zero by 2050. It made note of the Government's ambition to end the installation of new fossil fuel boilers by 2035 and its commitment to growing the supply chain for heat pumps to a minimum market capacity of 600,000 installations per year by 2028 – an eleven-fold increase from 55,000 heat pump sales in 2022. 

The BSA response notes the significant role that many of our members play in the green mortgage mortgage market and their commitment to supporting consumers in decarbonising their homes. The response agrees with the conclusions of the National Audit Office that heat pump take-up is extremely low and calls for Government to set out a long-term, comprehensive strategy for decarbonising home heating and improving energy efficiency. We call for this strategy to include measures to improve consumers knowledge and awareness; support for scaling up heat pump supply chains; and support for homeowners on lower incomes. 

Please read our full submission here: