Green home improvement grants worth £5,000 – £10,000
July 23, 2020
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July 23, 2020
Homeowners in England will be able to get up to £5,000 worth of vouchers to make energy-saving improvements to their properties, with the poorest getting up to £10,000.
Hundreds of thousands of people could benefit from the government’s new proposals which will pay at least two thirds of the cost of some energy-saving home improvements.
As part of a £2 billion Green Homes Grant announced for England, eligible homeowners will be able to use the vouchers to pay for environmentally friendly improvements such as installing loft, floor and wall insulation or double-glazing.
The Treasury have said the grants could help to support more than 100,000 jobs and forms part of a wider £3 billion plan to cut emissions.
The consumer advice website HomeOwners Alliance, says the scheme is set to be launched in September 2020. Homeowners will be able to apply online at this point.
The Government will pay for at least two-thirds of the cost of the work. So for example, a homeowner installing cavity wall and floor insulation costing £4,000 would only pay about £1,320, with the Government contributing the remaining £2,680. Those on the lowest incomes could see the Government cover full costs worth up to £10,000.
The government are still to detail the energy efficiency measures which the vouchers can be used for, and recommended accredited suppliers.
In announcing the scheme the government said it will be providing at least £2 for every £1 homeowners and landlords spend to make their homes more energy efficient, up to £5,000 per household – fully funding energy efficiency measures of up to £10,000 for households on the lowest income.
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Homeowners in England will be able to get up to £5,000 worth of vouchers to make energy-saving improvements to their properties, with the poorest getting up to £10,000. Hundreds of thousands of people could benefit from the government’s new proposals which will pay at least two thirds of the cost of some energy-saving home improvements....Continue reading