The funding, announced during London Climate Week, aims to enhance household energy efficiency in the borough.
It includes £1.7 million from the Greater London Authority’s Warmer Homes London initiative, supporting residents on lower incomes in privately owned or rented homes with Energy Performance Certificate (EPC) ratings of D to G.
A further £512,000 has been allocated from the Warm Homes: Social Housing Fund for installing solar panels on 100 council homes with EPC ratings of D or below.
This also aims to help council tenants save on energy bills.
The funding is part of a wider bid by a coalition of 20 London boroughs and six housing associations, which collectively secured almost £78 million for improving energy efficiency in social housing across the capital.
The initiative aims to reduce carbon emissions from local homes as part of the council’s climate action commitments and drive towards achieving net zero.
The Warm Homes: Local Grant, starting this month, will fund various energy efficiency measures, including insulation, heat pumps, solar panels, and smart controls.
The council will soon start the application process for eligible residents.
Councillor Ahsan Khan, deputy leader and cabinet member for housing and regeneration, said: “It’s vital that homes across Waltham Forest become more energy efficient.
“Reducing the amount of energy homes need and improving how well they store heat will tackle the climate emergency and fuel poverty.
“With residents’ help, we are taking a step closer to achieving our climate emergency objectives whilst reducing our impact on the planet for future generations to come.”