If Labour is elected, approximately 19 million of Britain’s coldest residences will receive additional insulation to help families save money on their energy bills.

Labour asserts that upgrading millions of poorly insulated dwellings across the country would save families approximately £500 on energy bills.

Accusing the Conservatives of a “disastrous record” on home heating, Keir Starmer’s party pledged to upgrade all 19 million homes with an Energy Performance Certificate (EPC) rating of B or C over a decade if it obtains power.

It was determined that renovating 28,000 homes in Great Yarmouth would save £14 million, while renovating 60,000 homes in Oldham would save £30 million.

If the scheme had been implemented in 2021, when Labour first proposed it, two million of the coldest homes could have been upgraded in the first year, resulting in savings of over £1 billion on energy expenses in the current year alone.

Before next month’s local elections, the Government’s record on improving energy efficiency is under attack.

Labour reported a 92% decline in residential insulation rates following a 2013 reduction in energy efficiency programmes. According to the climate change think tank E3G analysis, the Conservatives have not spent a third (£2.1 billion) of the financing pledged in their 2019 manifesto to make buildings energy efficient.

The warm homes programme is part of Labour’s annual £28 billion green prosperity strategy.

Rachel Reeves, the shadow chancellor, will outline the plan’s final funding details at the next general election, but it will likely entail increased government borrowing to invest in green industries.

Ed Miliband, the Shadow Secretary for Climate Change and Net Zero stated, “One of the reasons why energy expenses are so high is the Conservatives’ disastrous record on heating our homes. Even though energy efficiency rates are twenty times lower than they were under the previous Labour administration, Rishi Sunak is reneging on his campaign pledges and not upgrading dwellings.

“Labour’s Warm Homes Plan would upgrade the 19 million homes that require it, reducing energy costs and creating thousands of excellent jobs for electricians, engineers, and construction workers nationwide.

“A vote for Labour on the 4th of May is a vote to build a better Britain for working people.”

The Labour Party’s deputy leader Angela Rayner described the UK’s lack of economic development as “devastating” earlier today.

During a visit to a food store in Derby to find out what employees are doing to lower prices for customers, she added: ‘Energy bills are increasing, mortgages are increasing, and the government has failed to help families, which has a knock-on effect on the economy and growth because people don’t have money to spend, which will affect growth in this country’.