Green Home

£7600 incentive to make homes more energy efficient

By: Information Daily Staff Writer
Published: Thursday, May 1, 2014 - 15:14 GMT Jump to Comments

Households partaking in energy efficiency improvements on their home can get more money back to offset the costs involved, the government has announced today.

Households carrying out energy efficiency improvements in England and Wales will be able to get £7600 back through a new Green Deal Home Improvement Fund, starting from June.

The scheme helps people to install energy efficiency measures such as solid wall insulation, and new heating systems by providing them with money back on the contributions they make towards improvements.

Energy and Climate Change Secretary Ed Davey said: “The best way for households to take control of their energy bills is to use less energy.

“Faulty boilers, draughty windows and insufficient insulation all cause properties to leak hundreds of pounds every year. But advice and support through the Green Deal can help put a stop to this.
“By installing energy saving improvements, families across the country can enjoy the benefits of warmer, more energy efficient homes and lower bills”.

It is estimated that the annual bill saving from installing major measures, such as solid wall insulation, in a 3-bed semi detached house is £270.

Under the new incentive, customers could get up to £1000 for installing two measures from an approved list, up to £6000 for installing solid wall insulation and up to £100 refunded for their Green Deal Assessment.

The Green Deal Home Improvement Fund also applies to private or social landlords, who can benefit if they undertake to improve the property and are paying the costs themselves.

Climate Change Minister Greg Barker said: “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 new home incentive fund will do”.

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