Welsh government allocates 76% of additional retrofit funding to more than 40 providers

Smart technologies that enable tenants to better control their energy use will also be installed in homes that receive money via the fund.

The funding was announced around the same time as the Welsh government launched its Net Zero Wales plan, which outlined how ministers plan to decarbonise social housing by 2050.

The plan included a target that social homes must achieve a minimum Energy Performance Certificate rating of A, the highest possible, by 2033.

In February, Wales & West Housing announced that it was hoping to provide households with around 50% off their electricity bills, thanks to the retrofit of new solar technology, with funding from the ORP.

The project will connect 24 flats to lower-cost solar energy at Odet Court in Cardiff, with the potential to meet 55% to 75% of each flat’s electricity demand.

This is alongside an estimated electricity bill saving of around 50%.

The Welsh government unveiled its new approach to tackling building safety last month with a new legally binding commitment by major developers to fix problem blocks.

Five firms have signed the legally binding element of the previously announced developers pact, committing them to address life-critical fire safety issues on medium and high-rise buildings they have developed over the past 30 years across Wales.

Redrow, Persimmon, McCarthy Stone, Lovell and Vistry/Countryside have all signed the new legally binding element of the Welsh agreement.