Consumers interested in making energy-saving home improvements should act now to take advantage of government grants of up to £7,600.
The Green Deal Home Improvement Fund (GDHIF) launched in June 2014, replacing the old Green Deal cashback scheme. It currently offers consumers up to £7,600 for installing energy efficient measures such as double glazing and insulation in their homes, but that amount could be reviewed soon.
The GDHIF was created to encourage more people to make energy-saving home improvements, and it seems to be working.
There is a £120 million fund set aside for payments for this financial year, however the current payment rates are only guaranteed for the first £50 million claimed. It seems to be proving hugely popular, as £36 million has already been claimed. If you don’t want to miss out, then make sure you apply for your GDHIF vouchers as soon as possible.
How to claim the Green Deal cash
In order to be eligible for this new incentive scheme, you need an Energy Performance Certificate that is less than 24 months old and which recommends energy efficient measures that could be installed in your property.
It’s not necessary to take out Green Deal finance or to have a Green Deal Assessment, although these are still options.
Once you’ve applied for GDHIF vouchers, you then need to get a certified Green Deal provider or installer to install the energy efficient measures within six months.
Grants available for insulation, double glazing and much more
Under the new scheme, households can receive up to £1,000 by installing two energy efficient measures from an approved list. They can also claim an extra £500 if they apply within 12 months of buying the property.
The energy efficient measures include condensing gas boilers 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 units, replacement storage heaters, flue gas heat recovery units and waste water heat recovery systems.
You can also claim up to 75% of the cost of installing solid wall insulation in your home (up to a maximum of £6,000).
If you choose to have a Green Deal Assessment, or have already had one, you can also apply to receive a £100 refund for your assessment. However, you can only do this if you install, or have already installed, any of the recommended energy efficient measures, and if the assessment took place less than 24 months before applying for the refund.
Visit our guide to the Green Deal to find out more.