00:00This is a programme to make people's homes warmer and cheaper because if your house is properly insulated, if you're using solar panels or heat pumps or batteries, then your home is warmer and you pay less money, hundreds of pounds less.
00:17So it's really good. And so the way this works is for all new homes, they must be compliant to new standards. So nobody will have a new home that doesn't comply to standards which keep the bills down and keep the home warm.
00:30It's pretty basic stuff, but nobody's ever really done it before. So it needs to be done. Obviously, lots of people will say, well, that's all right if you're buying a new house.
00:37But I'm not buying a new house. I've got my house and I'm not thinking of moving. And so what we're also announcing is a plan for grants and loans for people in the house they're in to get it converted, to put solar panels in, to put heat pumps in, to put that insulation in that makes all the difference and to help with the costing of that.
00:56And it's really important that we do that because at the moment, if you're rich, you can probably afford to do it.
01:02And if you haven't got so much money, you probably can't, but you've still got to pay the bills.
01:07So we're making sure that this is available to everyone, but tailored to those that wouldn't otherwise be able to afford to do it.
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