Funding for wall insulation is back!
Funding for wall insulation is back! Dec 08, 2014
The Government’s popular Green Deal Home Improvement Fund (GDHIF) will reopen this Wednesday 10th Dec. Homeowners that invest in external solid wall insulation could access a grant of up to £4,000 to put towards the work.
The Department of Energy and Climate Change (DECC) have announced that the first £30M of their £100M funding pot (announced in October) will be released to support energy saving upgrades throughout England and Wales.
Residents that invest in certain energy saving home improvements can now claim a grant to contribute towards the cost of the work. Depending on what improvements are appropriate for your home, you could get a maximum of £5,600.
Phase 1 of the GDHIF scheme was so popular that it closed just after six weeks. The Government has indicated that Phase 2 is also likely to get an influx of applications.
GDHIF Phase 2 – New Funding Rates
Residents that join the scheme can apply for a cashback voucher which they can redeem once the work has been completed by a GDHIF authorised installer.
The amount of cashback if determined by which home improvements you choose:
£4,000 for External Solid Wall Insulation
£1,000 for any two of the following measures:
Cavity wall insulation
Condensing mains gas boiler
Double/triple glazing (replacement single glazing)
Flat roof insulation
Replacement warm air unit
Fan-assisted storage heaters
Energy efficient replacement doors
Waste water heat recovery
£100 refunded for assessment costs following an installation (e.g. Energy Performance Certificate or Green Deal Advice Report)
£500 extra if you have bought your home within the last 12 months.
How to apply for GDHIF Phase 2
The Government have provided details of how to apply for a GDHIF voucher on the DECC website.
As soon as the scheme reopens on Wednesday 10th Dec you will be able to submit your details and join the scheme.
The Government will redeem your GDHIF voucher once your installation has been completed.
To get a GDHIF voucher you need to provide the following paper work:
(a) A valid Energy Performance Certificate, or Green Deal Advice Report which is less than 2 years old and recommends the GDHIF improvements you are applying for.
(b) A formal quotation for the work to be installed by a Green Deal approved Installer. The Installer must be authorised to work on the GDHIF scheme.
The quote must include:
The address of the property to be improved;
The name of the installer doing the work.
All documentation must contain details of the person who owns the property where the work will take place.
How GDHIF can help reduce the cost of EWI
The typical cost of external solid wall insulation on a standard three bedroom semi-detached house is roughly £10,000. So by joining the GDHIF scheme you will be able to access a grant to cover around 40% of the cost, leaving you with a customer contribution in the region of £6,000.
YES Energy Solutions work with many different partner organisation to try and make energy saving as affordable as possible. Not only are we industry accredited installers but can also offer finance packages to help you manage your contribution into bite size instalments.
Contact YES Energy Solutions
YES Energy Solutions are Green Deal Approved installers that are authorised to work on the GDHIF scheme. So if you are interested in external solid wall insulation or want to find out if we can help with any of the other GDHIF measures, get in touch today!
Contact us for a free survey and no obligation quote: