Founders of startup business welcome Spring Budget but say it’s a missed opportunity

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The founders of a Liverpool-based startup company have welcomed aspects of the government’s Spring Budget announced today but say it does not go far enough to help homeowners adopt green energy technology for the home.

Heatio, founded by Simon Roberts and Thomas Farquhar, is driving the green energy technology agenda through a data-driven approach to home energy usage. They’ve developed an app called Heatio Flexx, a Home Energy platform & Virtual Power Plant that optimises and manages renewable technologies in people’s homes, benefitting consumers and the national grid.

Net Zero should be treated as a National Security issue that cuts through politics. We need long-term thinking that will encourage consumers to make the switch from inefficient fossil fuelled gas boilers and onto low carbon electricity technologies like heat pumps, that will ultimately bring down their energy bills while prices are lower than they have been. But we didn’t get that. The UK fits 1.

 

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