What is a green home grant scheme?
Because of the government's stated intention to reduce CO2 emissions in the UK, a range of measures are been takes to make homes more energy-efficient. This benefits the environment hugely, but it can also significantly reduce energy bills as more efficient homes require less energy to keep them running comfortably.
The most popular scheme for government-funded heating improvements is the green home grant scheme. This scheme provides grants of up to £2 billion to help people make improvements to their insulation or heating systems and save their household energy bills.
The green home grant scheme is only available to homeowners under certain circumstances; for instance, homeowners of existing occupied domestic properties will be eligible for the green homes grant scheme, also those including long leaseholders and homes with shared ownership. Landlords of both private and social sector domestic properties are also eligible along with park homeowners.
There are chances that you can qualify for the green home grants scheme if you receive at least one of the following mentioned below:
- Attendance Allowance
- Carer’s Allowance
- Child Tax Credits (CTC)
- Contribution-based Employment & Support Allowance (ESA)
- Contribution-based Jobseekers allowance (JSA)
- Disability Living Allowance (DLA)
- Income-based Employment & Support Allowance (ESA)
- Income-based Jobseekers Allowance (JSA)
- Income Support (IS)
- Industrial Injuries Disablement Benefit
- Housing benefit
- Pension Guarantee Credit
- Personal Independence Payment (PIP)
- Severe Disablement Allowance
- Universal Credit (UC)
- Working Tax Credit (WTC)
The green home grant scheme outlook
The idea behind the policy is to allow homeowners, landlords, and businesses access to energy efficiency improvement measures where they might previously have been unable to afford the measure or could not obtain a suitable grant.
Under the Green Initiative, the consumer will get an accredited assessment, which will be an independent inspection of the property, such as found in an energy performance certificate. This report will help to identify what energy improvement measures could be undertaken upon the property. These steps could include upgrading insulation, changing the heating system and controls at home, and also installing renewable technologies.
This accredited assessment will then pass the information to an approved deal provider who are certified and legitimate installers like us for the improvement measures. After that green provider will analyze the list of improvements with a view to what would be allowed to pass for the green deal finance.
There would we certain rules that can be applied to any potential improvement before it can be approved for green deal finance. This has two requirements, first, that the expected saving from the improvement must be equal to or higher than the projected cost of the measure itself. Another is that the repayments must not go on longer than the expected lifetime of the improvement proposal. If individuals do not meet these standards then it will be difficult to qualify for the deal finance.
If a measure does not qualify for green deal finance then it may still be installed provided that the consumer either pays for the measure in full or subsidizes the cost to the point where the remainder could be approved under the green deal finance.
The green deal finance will allow the cost of the improvement measure to be spread as repayments and received from the property utility bills until such time that the debt is repaid. These repayments will be taken by the utility provider and will be included with the consumer credit act. Because the deal finance is a charge against the property utility bills any future owner or holder of the property will continue to pay the cost till the debt is paid. This way, the debt belongs to the business.
Before work can start on the installation of an improvement measure under the deal finance express permission must be given by all parties with a vested interest in the property. For instance, a householder may undertake improvement works under the deal but must have the landlord's consent to do so.
In this way, the green home grant scheme aims to make energy efficiency measures available for domestic and commercial customers, to help save energy use, make the properties better insulated, and to help to overcome the amount of carbon dioxide we produce.
What technologies are covered under the scheme?
The available energy efficiency technologies are categorized into primary and secondary measures. Households must install at least one of the below mentioned primary measures to qualify for the green homes grant scheme.
The primary energy efficiency technologies that are eligible to be covered by the government grant includes:
- Solid Wall Insulation
- Under Floor Insulation
- Cavity Wall Insulation
- or Roof Insulation
- Air Source Heat Pump
- or Ground Source Heat Pump
Get in touch with us
With the huge knowledge in the domain, we can suggest appropriate building enhancements for your home alongside the government’s green home grant scheme. Get in touch with us to know further eligibility for the government’s green home grant scheme and we’ll put you in touch with a suitable partner for bespoke advice for your project.
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