Hometree Secures £50 Million in Funding to Accelerate Transition to Net Zero Living

In an exciting development for sustainable living, Hometree, a pioneering home energy services company, has successfully raised £50 million in funding to accelerate its mission of reducing carbon emissions in household heating. With heating contributing to 14% of all greenhouse gas emissions in the UK, the urgency to switch to greener alternatives has never been more pressing. This funding will enable Hometree to expand its offering of installation, financing, and maintenance services for energy-efficient solutions, such as heat pumps and low-carbon heating systems. As homeowners grapple with rising energy costs and the complexities of choosing between options like heat pumps or hydrogen boilers, Hometree stands ready to guide them through the transition to net-zero living. Their innovative model is designed to offer tailored solutions that meet homeowners wherever they are on their sustainability journey. Currently providing boiler and home emergency cover, Hometree aims to broaden its product range, ensuring that low-carbon technology is both accessible and affordable. The raised capital will fuel the development of new services and support their dedication to equipping UK homes for a sustainable future. With the challenges of high upfront costs and evolving home infrastructures, Hometree is committed to making the energy transition smoother and more manageable for all. By investing in the next generation of home energy services, Hometree seeks to pave the way for a cleaner, greener tomorrow, inspiring homeowners to embrace low-carbon living at their own pace. Together, let’s transform home energy solutions and contribute to a sustainable planet.