What is the Green Deal?
The Green Deal is the UK Government’s initiative to increase energy efficiency for 14 million households, and businesses, through installing energy efficient measures at no upfront cost.
Under the scheme, homes and businesses will be offered loans to implement energy-saving and energy-generating measures to their buildings to improve energy efficiency, create warmer homes and reduce heating bills.
The cost of the loan will be recovered through installments on the energy bill over several years, although the repayments must not exceed the predicted savings under the Green Deal ‘golden rule’.
The Green Deal is scheduled to start in Autumn 2012. Climate Change Minister Greg Barker has targeted the early 2020s to improve the energy efficiency of the first 14 million homes, with a further 9 million homes to be completed by 2030.
The Green Deal will replace ALL CERT Grants
The Government’s Carbon Emissions Reduction Target (CERT) currently requires energy companies to help reduce CO2 emissions from homes, including through Insulation Grants.
These Grants are due to expire in December 2012 when they will be replaced by the Green Deal and a new Energy Company Obligation (ECO), although there is likely to be an overlap with the Green Deal and ECO expected to launch in October 2012.
The ECO has been designed to fit within the Green Deal and to provide support, in the domestic sector, where Green Deal finance is not enough to prevent fuel poverty.
The Green Deal will recover the full cost of installing energy efficient measures through charges on your energy bills, but the current CERT Insulation Grants are available now to cover up to 100% of the cost of Home Insulation.
Don’t wait until the Green Deal launches, claim a Home Insulation Grant now which can cover up to 100% of the cost and that doesn’t have to be repaid!
Apply for a Grant while they are still available!
This is the last full Winter of non-repayable Home Insulation Grants as they are due to end in Autumn 2012.
The Grants are currently available to all home owners and private tenants in the UK and can completely cover the cost of Cavity Wall and Loft Insulation for your home. If you are not entitled to a full Insulation Grant, you can still receive help for between 40–70% of the cost.
To qualify for a 100% free Insulation Grant, homeowners and private tenants must be aged 70 and above, or in receipt of certain benefits, tax credits or allowances.
A household with both Loft Insulation and Cavity Wall Insulation will better retain heat and reduce energy bills by up to £310 per year. Don’t wait, insulate!
To find out what Grant you qualify for and how to easily apply online for a free no-obligation survey, read more.
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