Stampede expected for shares of £30m government home improvement fund

Post by Kevin Jackson on 10th December 2014 in Technology, Energy saving

Stampede expected for shares of £30m government home improvement fund

The Green Deal fund was expected to distribute up to £30million in new grants to help meet the cost of installing a variety of energy-saving measures in individual handouts of up to £5,600.

Unlike in previous phases of the release of the cash, this time it is to be handed out in phases.

The new injection of funding will enable several thousand householders who paid up to £120 for a Green Deal Assessment of their home’s needs up to this June, but then missed out on further funds when the scheme was withdrawn, to take the measures their reports recommended.

The money can be used to meet the cost of installing solid wall insulation and two other measures from a prescribed list, which includes more energy-efficient boilers and heat-saving windows and doors.

To qualify for the funds, householders must have a Green Deal Assessment carried out on their property. This is designed to pinpoint the best ways by which a property’s energy efficiency can be improved.

“The best way people can cut their energy bills, this winter and every winter, is to improve their homes so that they leak less heat and use less energy,” said Government Energy and Climate Change Secretary, Ed Davey.

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