On 16 March, up to £5,600 will be available to households in England and Wales to help with the cost of energy-saving home improvements under the Green Deal Home Improvement Fund (GDHIF).
The government is releasing an extra £70m as part of the GDHIF scheme. Householders could use the cash to fund energy-saving measures, such as insulation, double glazing or a new boiler.
The scheme operates on a first-come, first-served basis. If you want to apply you should act quickly, as the money went in less than 48 hours the last time around.
UPDATE 16/03/2015: Read our new dedicated guide to the Green Deal Home Improvement Fund to find out exactly how you can benefit from the fund, what building measures it covers, whether you’re eligible and what alternatives you can go for if the Green Deal Home Improvement Fund isn’t for you.
Cashback for energy-saving improvements
The scheme opens to applications at midday on Monday 16 March. It’s designed to help householders save on their energy bills by making homes more energy efficient.
This will be the third time the government has released funds under the GDHIF, and in the past the money has run out pretty quickly. The first time, the £120m allocated was snapped up within six weeks, while £24m went within 48 hours during the second release of funds.
The GDHIF works by providing cashback if you undertake certain work to make your home more energy efficient. You have to apply for a voucher which you then redeem against the work done.
This time, householders will be able to receive up to £3,750 for installing solid wall insulation and/or up to £1,250 for installing two measures from the following list:
- Cavity wall insulation
- Condensing mains gas boiler
- Secondary glazing
- Double/triple glazing (replacing single glazing)
- Flat roof insulation
- Replacement warm air unit
- Fan-assisted storage heaters
- Energy efficient replacement doors
- Floor insulation
- Room-in-roof insulation
- Waste water heat recovery
Additionally, householders can apply for up to £100 against the cost of their Green Deal Assessment. And, if you’ve bought your home within the past 12 months, you can apply for an extra £500.
You can claim for two-thirds or 67% of the costs of solid wall insulation, up to a maximum of £3,750. For the ‘two measures’ option, you can claim for 100% of the total costs, up to a maximum of £1,250.
Applying for the GDHIF
To find out how you can apply, read our guide to the GDHIF.
In summary, you will need to have a valid Green Deal advice report or an Energy Performance Certificate (EPC) before you submit. You then apply for a voucher by filling in an application from and providing a quote for the work from a registered GDHIF installer or provider.
What to do if you want to apply
Once the £70m has been allocated the scheme will automatically close. For the best chance of success, we recommend you make yourself ready to apply as soon as the scheme opens on 16 March.
To apply, you will need a Green Deal advice report or an EPC that’s less than two years old. If you don’t have one, try to get one before 16 March so you have everything ready on the day. But be aware – if the money runs out before you have a chance to apply, you might never recoup the costs of getting these documents.
You can find out more about the Green Deal and how to get a Green Deal advice report in our guide to the Green Deal. You can view the application requirements and terms and conditions on the Government website for the GDHIF.
UPDATE 26/03/15: The government has today announced the £70m has been allocated. It has also released an extra £5m left over from the second phase of funding. This cash is available for all measures except solid wall insulation.