Wednesday 22 October 2014

Most Green Deal “cashback” spent on new boilers

Most Green Deal “cashback” spent on new boilers

Most of the money claimed via the Government’s Green Deal “Cashback” scheme went on replacement boilers, according to new official figures.

Four-fifths (80%) of the “cashback” which householders could get for installing energy saving measures went on boilers.

The rest was for solid wall insulation (13%), loft insulation (5%) and cavity wall insulation (2%).

Overall £13.3 million was paid out by the end of September 2014. Out of 16,253 vouchers given out, 14,490 vouchers had been paid.

It was a slightly different story for a similar scheme which was open for just a few weeks after it was swamped by demand, as much more went towards insulation.

Of these, 3,235 vouchers paid through the Green Deal Home Improvement Fund (GDHIF) by the end of September (following installation of 4,413 measures), around half (48%) of these measures were solid wall insulation.

These 4,000 measures had a value of £13.6 million. There were 21,041 active applications under the scheme.

Ministers said these are contributing towards getting one million homes better insulated. However the vast majority of this target will be met by the Energy Company Obligation (ECO), the scheme which obliges suppliers to install measures in vulnerable homes.

Out of  965,000 measures installed in around 797,000 properties, 97% were carried out via ECO. This is the scheme which Prime Minister David Cameron promised to trim when he pledged to "roll back" green levies last Christmas.

 

Written by

Bruna Pinhoni

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