New Green Deal Funding For Home Improvement

Posted by in green deal

Keep your home warmer for less with a share of the Green Deal Home Improvement Fund

The government has announced an additional £70 Million will be available on the Green Deal Home Improvement Fund. This is the third release of funds designed to help you keep your home warmer for less; benefiting you and the environment. Synergize specialise in numerous techniques that will help you to keep your bills down and keep your home warmer in the winter. As we head toward spring, it is the ideal time to consider making the preparations for a warmer winter next time it comes around.

The Green Deal is the Government’s flagship energy efficiency initiative. It helps homeowners to make energy efficiency improvements to their homes at little or no upfront cost with the option of taking out a Green Deal Loan which should cost no more to repay monthly than the energy bill savings reaped as a result of the measures installed.

As of midday on the 16th March, the popular scheme will be open to new applications – households in England and Wales can get up to £5600 in order to help with the cost of energy saving measures such as biomass boilers, solar PV panels and external wall insulation.

Energy and Climate Change Secretary Ed Davey said:

“ We’re helping families keep warmer for less – driving bills down by encouraging more competition between energy suppliers and making over one million homes more energy efficient.”

“Households up and down the country are reaping the benefits of a warmer home thanks to the Green Deal Home Improvement Fund. And now, with more money available, thousands more can benefit.”

Over 25,000 households received a voucher so far for the Green Deal Home Improvement Fund since the initial round of funding in summer 2014. This round of funding sees more money released for the two measures offer.

Domestic energy customers will be able to receive:

  • up to £3750 for installing solid wall insulation;
  • and/or up to £1250 for installing two measures from an approved list;
  • up to £100 refunded for their Green Deal Assessment;
  • up to £500 more if applying within 12 months of buying a new home.

The £70 million for the third release will be available for applications for solid wall insulation and/or the two measures offer until all the funding is allocated.

Energy and Climate Change Minister Amber Rudd said:

“This winter the government has helped people save money while keeping warm – taking an average of £50 off household bills and making it quicker and easier to switch supplier. But to cut bills every winter people need to use less energy.”

“We’ve already improved over one million homes to make them more energy efficient and we want to help more. Thanks to the Green Deal Home Improvement Fund thousands of families will enjoy lower bills and a warmer home for years to come.”

A free home energy efficiency survey from Synergize can help you to find out whether qualify for help from the Green Deal Home Improvement Fund and to see what can be done to make your home more energy efficient, meaning you save money and your home is cheaper.