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Wall insulation set to 'reduce fuel costs by 40%'

A series of homes in Wales are set to have wall insulation installed as part of plans to help reduce heating bills by 40 per cent.

Tai Ceredigion housing association has been given a £550,000 grant by the assembly government to cover the cost of the renovations, the BBC reports.

Chief executive for the organisation Steve Jones said: "We hope that all the improvements will help create a more pleasant external environment … as well as benefiting residents' pockets by providing more affordable warmth."

The homes in Penparcau, Aberystwyth, are to receive external wall insulation that will reduce fuel costs by making the properties more energy efficient.

Residents were informed of the plans and told that additional improvements will also be made to parking areas, boundary fences and outdoor seating for ground floor tenants.

Tai Ceredigion manages more than 2,200 homes and has an additional 140 leasehold properties in the region.