Cashback payments soar on energy efficiency scheme

Cashback for solid wall insulation has increased sixfold, from £650 to £4000. For 'room in roof’ insulation the payment has soared from £220 to £1000, and for double glazing it has more than doubled from £320 to £650.

DECC is also extending the scheme. Applications for Green Deal Cash-back can now be submitted up to the end of June, with a further three months for households to install energy efficiency measures and redeem cash-back vouchers, giving them more time to take advantage of the scheme.

Energy and Climate Change Minister Greg Barker says:

“The extension and increase to Green Deal cashback means more families will be helped to have warmer, more energy efficient homes and lower energy bills by next winter. These changes also create more opportunities for the growing number of authorised Green Deal companies.”

The time available to households to apply for money back on energy efficiency measures has been lengthened, from 31 March to 30 June, with energy improvements to be installed, and vouchers redeemed, by 30 September 2014.

DECC has also raised the cap on cashback payments from 50% of a household’s contribution towards costs, to two thirds, meaning more people will be eligible for the maximum cash-back level.