More than £2.6 million issued for new Green Deal fund

Housing Tue, Mar 22, 2016 5:35 PM

More than £2.6 million issued for new Green Deal fund

A total of £2.61 million was issued to households through the new Green Deal Home Improvement Fund during the scheme’s first week, according to industry estimates.

This saw 1,736 applications made for the fund which offers households in England and Wales up to £7600 cash back for making energy efficient home improvements.

Energy and Climate Change Secretary Ed Davey said: "We’ve changed the Green Deal to make it simpler and faster for people to make their homes more energy efficient – you could get up to £7600 back, straight into your bank account.

“I want as many people as possible to benefit from this unmissable offer. It won’t be around forever, so sign up now and get your home ready for the winter.”

Under the new incentive scheme domestic energy customers can get:

  • up to £1000 for installing two measures from an approved list; and/or
  • up to £6000 for installing solid wall insulation; and
  • up to £100 refunded for their Green Deal Assessment.

The scheme 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 energy efficiency improvements.

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