You are here: Home - Household Bills - News -

Green Deal Home Improvement Fund: Act now

0
Written by:
23/07/2014
From 25 July changes to the Green Deal Home Improvement scheme will mean less cash for environmentally-minded homeowners.

The government scheme helps homeowners install a range of energy efficiency measures by providing them with money back on the contributions they make towards improvements. The fund, which opened to applications on 9 June this year, has issued more than £43m worth of vouchers in its first six weeks.

Up to £120m of the three-year £540m government investment is available this year.

As a result of this popularity, the Department of Energy and Climate Change is reducing the amount new applicants can receive for installing Solid Wall Insulation from £5,000 to £4,000 as of 25 July. In addition, flue gas head recovery units will be removed from the list of approved measures effective 5 August.

Amber Rudd, Parliamentary Under Secretary of State for Energy and Climate Change, said: “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 £120m in the pot this year, but it won’t be around forever. Act now.”

Following the changes Green Deal Home Improvement Fund domestic energy customers can get up to £1,000 for installing two measures from an approved list, up to £4,000 for installing solid wall insulation and up to £100 refunded for the assessment of their property.

For more information visit the government’s website.

Related Posts

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Everything you wanted to know about ISAs…but were afraid to ask

The new tax year is less than a fortnight away and for ISA savers or investors, it’s hugely important. If yo...

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week