This is the third tranche of money to be made available to households in England and Wales and will fund the cost of energy-saving measures such as solid wall insulation, double glazing, boilers, cavity wall and floor insulation.
Households can apply for up to £5,600 each, which will be distributed as vouchers. These can then be redeemed with approved Green Deal installers and providers.
Want a slice of the funding for YOUR home? You’ll have to act fast as demand for the new round of funding – which is released at midday on March 16 – is expected to be strong.
Of the two releases of Home Improvement Fund (HIF) last year, the first (£120m) was spent in a matter of weeks and the second (a much-smaller £24m) was snapped up within 48 hours. More than 25,000 households have received a voucher for Green Deal so far.
How your home could look different…
The maximum £5,600 funding per household is broken down like this:
- up to £3,750 for installing solid wall insulation
- and/or up to £1,250 for installing two measures from an approved list (see below)
- up to £100 refunded for your Green Deal Assessment (some, but not all, assessors will charge. You’ll be told any fee in advance
- up to £500 more if applying within 12 months of buying a new homeFor solid wall insulation, you can claim 67% of the costs of installation up to a maximum of £3,750.
For solid wall insulation, you can claim 67% of the costs of installation up to a maximum of £3,750.
For the ‘two measures’ option, you can claim 100% of the costs of installation to a maximum of £1,250. These measures are:
- Cavity wall insulation
- Condensing mains gas boiler
- Secondary glazing
- Double/triple glazing (replacing single glazing)
- Flat roof insulation
- Replacement warm air unit
- Fan-assisted storage heaters
- Energy efficient replacement doors
- Floor insulation
- Room-in-roof insulation
- Waste water heat recovery
Customers who have purchased the home they want to improve within the last 12 months may be eligible for an additional £500 homebuyer’s bonus.
The homebuyer’s bonus and the rebate towards the cost of a Green Deal Advice Report are subject to a successful voucher application and the installation of the eligible measures through the Green Deal Home Improvement Fund, and compliance with the scheme terms and conditions.
How can I apply?
To apply you need to complete a form on the government website. To do this, you will need:
a Green Deal Advice Report (GDAR) or Energy Performance Certificate (EPC) that is less than two years old
a quote from a Green Deal HIF registered installer or provider for work specified on the GDAR or EPC and included on the list of GDHIF approved measures
Proof of property ownership (for landlords only).
It’s worth getting more than one quote, particularly if you are having expensive work done, to make extra-sure you are getting the best deal available. More than 1,100 Green Deal authorised businesses are registered to provide work under the scheme.
If your application is successful and you receive a voucher under the scheme, you’ll be able to make voucher payment claims from April 1, 2015, with payments for successful claims likely to take up to 20 working days.
To submit a voucher claim for payment, you’ll need to:
- Have the work done by a registered Green Deal installer or provider
- Redeem your voucher before it expires via the claims process set out on the terms and conditions.
Are there any restrictions?
You can’t apply if you’re already getting money back for the same improvements through other schemes such as the Energy Company Obligation, Green Deal Communities, Green Deal Cashback or the previous releases of Green Deal funding.
You can apply if you are a landlord or a tenant, providing you are paying for more than 50% of the total costs of the improvements.
Please note: any rates or deals mentioned in this article were available at the time of writing. Click on a highlighted product and apply direct.