Get up to £7,600 in Energy Efficiency Grants
The Government has recently announced a package of Green Deal measures to help householders keep their homes warmer and cheaper to run.
The new Green Deal Home Improvement Fund (GDHIF), which commences in June 2014, gives domestic energy customers an option of two core offers (energy efficiency grants) and two extra add-on offers.
The first core offer provides householders with up to £1,000 cashback on two energy-saving improvements from a set list of 12 eligible measures which are as follows:
Condensing gas boiler (on mains gas), fan-assisted storage heaters, flue gas heat recovery, replacement warm-air unit, waste water heat recovery, cavity wall insulation, flat roof insulation, floor insulation, room-in-roof insulation, double/triple glazing (replacing single glazing), secondary glazing, energy efficient replacement doors.
Core offer two provides up to £6,000 cashback or 75% of the total cost of the installation of internal or external solid wall insulation. Please note that householders can choose one or both core offers.
Furthermore, home owners who have bought a property within the 12 months prior to their application will qualify for an additional £500 grant.
This new incentive should help increase the uptake of the Government’s flagship Green Deal scheme for energy-saving improvements, such as solid wall insulation and new boiler installations.
How the GDHIF will work
The grants for energy saving home improvements will only be available to those who apply for a GDHIF voucher to carry out measures that are recommended in an appropriate Green Deal Assessment Report or Energy Performance Certificate (EPC). The upgrades must then be undertaken by a registered and competent Green Deal installer or provider.
While the fund is intended to work alongside conventional Green Deal loan finance, homeowners don’t have to take up a loan to qualify for the GDHIF.
The scheme will only apply in England and Wales when it goes live next month. Call us on 01302 876194 or 07930 337484 for more information or take a look at the DECC guidance on the Government’s website for full details.