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£7,600 Green Deal Grant For Efficiency Upgrades
Homeowners and movers will soon be able to reclaim up to £7,600 on energy efficiency improvements through a new Grean Deal Home Improvement Fund (GDHIF).
The incentive, which kicks in from June 2014, will give domestic energy customers access to the following cashback options:
- Up to £1,000 for installing two measures from the approved list; and/or
- Up to £6,000 for installing solid wall insulation (up to 75% of the installation cost); and
- Up to a £100 refund for their Green Deal Assessment
People who have bought a property in the 12 months prior to their application will qualify for an additional £500 grant.
The move aims to help drive uptake of the government’s flag Green Deal scheme for energy-saving improvements, such as solid wall insulation and boiler upgrades. Energy and Climate Change Secretary Ed Davey hailed the scheme. “The best way for households to take control of their energy bills is to use less energy,” he said.
According to Climate Change Minister, Greg Barker: “The Green Deal Home Improvement Fund is another way the government is making it simpler and cheaper for people to stay warm and improve their homes. I want households across the country to benefit from more energy efficient homes and reduced bills through the Green Deal, and that is what the home incentive fund will do.”
Approved energy-saving improvements
The approved measures eligible for cashback under the GDHIF are solid wall insulation and/or any two of the following eco upgrades:
- Condensing gas boiler (on mains gas)
- Double glazing (replacing single glazing)
- Secondary glazing
- Replacement doors
- Cavity wall insulation
- Floor insulation
- Flat roof insulation
- Room-in-roof insulation
- Replacement warm air unit
- Replacement storage heaters
- Flue gas heat recovery units
- Waste water heat recovery systems
How the Green Deal Home Improvement Fund works
The grants for energy saving home improvements will only be available to people who apply for a GDHIF voucher to carry out measures recommended in a valid Green Deal Assessment Report or Energy Performance Certificate (EPC). The upgrades must then be undertaken by a registered 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 applies in England and Wales. For full details on how it works, check out the DECC guidance on the Government’s website. According to the DECC, a separate initiative will operate in Scotland – contact Home Energy Scotland for advice and more information.
Pictured: This renovation of an old cottage includes high-spec double glazing
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