London Councils have put forward a plan to retrofit more than 20,000 homes over five years under a London Net Zero Neighbourhood Programme.
The scheme would use a neighbourhood approach to deliver energy-efficiency upgrades and clean heat solutions, aiming to cut energy bills and carbon emissions across the capital.
The funding model means residents would pay nothing upfront, with costs paid back through savings on energy bills.
The plan was designed for all types of residents, including those in social housing, private renters and homeowners.
Retrofit projects would be delivered in partnership with local communities and aim to bring in private investment, support green jobs and make homes warmer and cheaper to heat.
Mayor Brenda Dacres OBE, Executive Member for Transport and Environment at London Councils said: “The London Net Zero Neighbourhood Programme presents an exciting opportunity to accelerate our retrofit ambitions in the capital and lower Londoners’ energy bills.
“Too many people are struggling in cold, expensive-to-heat homes, while the threat posed by the climate crisis continues to grow.
“Through the Net Zero Neighbourhood Programme, boroughs are showing a clear path to retrofit that is fair, affordable and delivered in partnership with our communities – with no upfront cost to residents.”
Dacres added: “With suitable backing from government, alongside private investment, we can ensure the current system works better for all Londoners and delivers good-quality homes which are cheaper and greener to heat.”
