Energy and Climate Change Secretary launches Green Deal Cashback Scheme
The Green Deal Cashback Scheme has been launched in the UK by the Energy and Climate Change Secretary, Edward Davey and homeowners who make energy-saving improvements will be able to claim hundreds of pounds. Under the new Green Deal, improvements including loft insulation, wall insulation and upgraded heating systems will earn people up to £1,000.
The Green Deal Cashback Scheme has been launched in the UK by the Energy and Climate Change Secretary, Edward Davey and homeowners who make energy-saving improvements will be able to claim hundreds of pounds.
Under the new Green Deal, improvements including loft insulation, wall insulation and upgraded heating systems will earn people up to £1,000.
Households will need to book a Green Deal property assessment in order to qualify for the Scheme and be ready to have improvements installed under the Green Deal from 28 January.
The Green Deal reflects the Government’s new initiative to transform the UK market for energy efficiency. Homes and businesses are being encouraged to make energy efficiency improvements with the costs repaid through expected savings on bills.
The Green Deal Cashback scheme will be limited to one per household, but can cover a package of improvements so long as the householder is contributing to installation costs and work done is overseen by an authorised Green Deal Provider.
The Government is keen to point out that businesses in the supply chain need to start gearing up to take full advantage of what they hope will have a pump priming function.
A total of £125 million is available so hundreds of thousands of people could qualify. The rates currently available are guaranteed for the first £40 million of the scheme.
Community minded households will have the option of donating some or all of their cashback to registered charities and Community Interest Companies who have signed up with the scheme administrator.
The Cashback Scheme also applies to private or social landlords who can benefit if they are the property improver and are paying the costs themselves.