Wednesday 19 February 2014

Householders offered more cashback under Green Deal

Householders offered more cashback under Green Deal

The amount of cashback householders can claim for carrying out energy efficiency home improvements has been increased.

Up to £4,000 is now available for solid wall insulation, up from £650, up to £1,000 for ‘room in roof’ insulation – designed for loft extensions - and up to £650 for those installing double glazing from £320.

The Green Deal scheme has also been extended by DECC and consumers can now submit claims until the end of June instead of March. Applications made or redeemed on or after 13th December 2013 will be eligible for the new rates and energy efficiency improvements have to be installed and vouchers redeemed by 30th September this year.

The initiative, which was launched last January, allows people to borrow money towards installations such as double glazing, insulation and boilers.

Energy Minister Greg Barker said: “The extension and increase to Green Deal cash-back means more families will be helped to have warmer, more energy efficient homes and lower energy bills by next winter. These changes also create more opportunities for the growing number of authorised Green Deal companies.”

DECC has also raised the cap on cashback payments from 50% of a household’s contribution towards costs, to two thirds, which means more people will be eligible for the maximum cashback level. However, not all customers would see a change in the amount of cashback they can claim. For example, a voucher for a boiler without any other improvements “will be very unlikely to change”, DECC added.

Written by

Bruna Pinhoni

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