The Government has announced that households in England and Wales could receive up to £7,600 towards making their homes more energy efficient from June 2014. The new Green Deal Home Improvement Fund (GDHIF) is an addition to the Government’s flagship funding scheme, which is aimed at encouraging homeowners to install energy efficiency measures and thereby reduce their energy bills.
Specialist contractors that install energy efficiency measures, including external wall insulation, could all potentially benefit from increased business, as more consumers are likely to install energy efficiency measures if they can claim towards the costs.
The funding available under the scheme will include up to £1,000 for installing any two measures from an approved list of 12 and 75% of the cost of installing solid wall insulation, up to a maximum of £6,000.
In order to access work through the GDHIF, companies must be authorised Green Deal Installers or Providers and must register with the GDHIF Administrator via email@example.com.
Companies who are not Green Deal authorised will need to take steps to become so by obtaining PAS 2030 certification from an accredited Green Deal certification body who will then register them with the Green Deal Oversight and Registration Body.
Specialist contractors are advised to register for the GDHIF as soon as possible, so that they can be amongst the first to apply when the scheme opens in June.
More information can be found on the DECC website.