In July 2020 Chancellor Rishi Sunak announced plans for the new Green Homes Grant in England which will give Homeowners and Landlords vouchers towards the cost of energy efficient improvements to their properties. The scheme is initially set to run from the end of September 2020 until March 2021.
(Please note this is NOT “The Green Deal”. That scheme ended in 2015)
HOW WILL IT WORK?
For Homeowners/Landlords who are not in receipt of benefits the scheme will issue a voucher to cover the cost of two thirds of the home improvements up to a maximum £5,000. The remaining third of the cost will be covered by the Homeowner/Landlord.
For Homeowners/Landlords (not tenants) who receive income-based benefits the voucher will cover the full cost of the improvements up to a maximum of £10,000.
Example (non benefits):
Primary improvement: Cavity Wall Insulation at a cost of £3,750.
The scheme will cover £2,500 with the Homeowner/Landlord paying the remaining £1,250.
Secondary improvement: Double glazing at a cost of £4000.
The scheme will match the £2,500 paid for the primary measure with the Homeowner/Landlord paying the remaining £1500.
Total cost of improvements = £7,750. Amount paid by Green Homes Grant = £5,000. Amount paid by Homeowner/Landlord = £2,750
WHAT IMPROVEMENTS ARE AVAILABLE?
The improvements are split into “Primary” and “Secondary” categories. In order to claim an improvement from the Secondary category you MUST install at least one Primary improvement.
Solid Wall Insulation
Cavity Wall Insulation
Air or Ground Source Heat Pump
Solar Thermal Panels (hot water)
Double / Triple Glazing
Upgrade to Energy Efficient Doors
Hot Water Tank Thermostat & Insulation