Changes to the government’s Green Deal cashback scheme have been announced today, to help more households drive down fuel bills and reduce carbon emissions by carrying out energy efficiency improvements.The scheme helps people to install energy efficiency measures by providing them with money back on the contributions they make towards improvements.
The changes include increases to the amount of money consumers get back on some Green Deal measures, such as solid wall insulation. There is now up to £4000 available for homeowners installing solid wall insulation, up from £650. DECC has also raised the cap on cashback payments from 50% of a household’s contribution towards the cost, to 67%; this means that more people will be eligible for the maximum cashback.
The generous cashback combined with the availability of finance means that insulating a solid wall property is now very affordable for most families. Further details on prices, finance and low monthly payments will be available on this website in the next few days.
Energy and Climate Change Minister Greg Barker said:
“Inefficient homes use a lot more energy than they need to, which consumers pay a high price for. The extension and increase to Green Deal cashback means more families will be helped to have warmer, more energy efficient homes and lower energy bills by next winter.”