Cuts made to Green Deal Home Improvement Fund

Cuts made to Green Deal Home Improvement Fund

With scheme rates guaranteed for the first £50 million, £43million worth of vouchers have already been issued to 7,925 households in England and Wales. To stem the tide, DECC has reduced the amount available for solid wall insulation from £6,000 to £4,000 (effective 25 July) and has eliminated flue gas heat recovery units from the list of approved measures (effective 5 August).

Applications received prior to changes coming into effect will be honoured at the original rates.

A pot of £120m is available to households this year on a first come, first served basis, but the original cashback amounts were guaranteed only for the first £50m.

Parliamentary Under Secretary of State for Climate Change, Amber Rudd, commented:

“Green Deal Home Improvement Fund vouchers have been flying out of the door. We’re delighted that so many families are already making the most of this very generous offer.

“Changes announced today ensure even more households can benefit from warmer homes using less energy. There’s up to £120 million in the pot this year, but it won’t be around forever so act now.”

From Friday 25 July, Green Deal Home Improvement Fund domestic energy customers can get:

•       up to £1000 for installing two measures from an approved list; and/or

•       up to £4000 for installing solid wall insulation; and

•       up to £100 refunded for their Green Deal Assessment

The Green Deal Home Improvement Fund also entitles those who have bought a property in the 12 months prior to application to qualify for up to an additional £500 if they carry out recommended energy efficiency improvements under the scheme.