A new round of the government’s
Green Deal home improvement fund opened today (10th December 2014). Through the fund, homeowners will be able to apply for up to £5,600 to put towards energy efficiency home improvements.
Householders can apply to receive funding for solid wall insulation and/or any two of the following:
-cavity wall insulation;
-condensing mains gas boiler;
-double/triple glazing (replacement single glazing);
-flat roof insulation;
-replacement warm air unit;
-fan-assisted storage heaters;
-energy efficient replacement doors;
-waste water heat recovery.
The scheme was initially launched in June 2014 with a fund of £120 million available, but within six weeks of launch all the money had gone and it was quickly closed.
This time around approximately £30 million will be available, with £24 million allocated to paying for solid wall insulation and £6 million for the other approved energy saving improvements.
Under the scheme, householders can claim back up to two-thirds of the cost of solid wall insulation (maximum claim of £4,000) and up to £1,000 for the other two measures.
To apply you will need to get a Green Deal Advice report (cost is approximately £120) or have an Energy Performance Certificate which is less than 2 years old. You will then need to get a quote from a registered Green Deal installer who will carry out the work required.
If successful, you could receive a refund of up to £100 for your Green Deal Advice Report and if you bought your home within the last year, you will receive an extra £500.
You will need to act quickly if you want to get a slice of the funding available this time around. If you do miss out, more Green Deal funding is due to be released in February 2015.
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