You may have heard about the new Green Homes Grant Scheme.
The scheme was announced by Rishi Sunak on the 8th July 2020, but there are many unanswered questions. In this article, we intend to clear them up for you.
What is the Green Home Grant Scheme intended for?
The idea behind the Green Home Grant Scheme is to help homeowners and landlords hire tradespeople to upgrade the energy performance in their homes. If you are successful in your application, you could be one of the 600,000 homes benefiting from savings of up to £600 a year on your bills.
How much can I apply for?
Homeowners and landlords are allowed to apply for the £2 billion Green Home Grant Scheme. Hundreds of thousands of households will be eligible for the maximum contribution of £5,000 vouchers. Some applicants will receive 100% funding, up to a maximum of £10,000. The applications will be reviewed, and if your household is on a low income, you may be eligible.
How can I use my vouchers?
As mentioned, the scheme is intended for saving on household energy bills. This can be achieved by hiring a company to install some of the following:
- Solid wall, under-floor, cavity wall and roof insulation
- Ground or air source heat pump
- Solar thermal
Once you have used your vouchers for one of the above, you can put the rest towards other energy-saving measures. These can include the following:
- Replacement windows such as double or triple glazing, or secondary glazing
- Removing old doors and replacing them with energy-efficient doors
- Installation of a hot water tank, thermostats and/or heating controls
Please keep in mind each household can only apply for one of these secondary measures. You will only receive the amount of funding you received for the first improvements.
So, for example, let’s say you spent £1500 on an air pump, you can only be rewarded £1500 if you choose to have a double-glazed door fitted.
What are the benefits of saving energy?
Not only will saving on energy be beneficial to your bank balance, but you will also be helping the environment. When consuming less power, smaller amounts of toxic fumes are released into the air by power plants.
Chances are, you have heard of the ‘greenhouse effect’. When power plants burn excessive amounts of fuel to create energy, carbon waste traps heat. Just a few effects include the following:
- A rise in temperatures causing heat waves and droughts
- Higher than normal sea levels
- Increased chances and intensity of natural disasters
- Acid rain and increase of smog
- Damaging to our animals and wildlife
If I already have double glazing or insulation, can I still apply?
If you have single glazing, you will be entitled to upgrade to double glazing. However, if you already have the double glazing, you will not be able to upgrade.
How can I apply for the Green Home Grant Scheme?
Before you apply, you can check your eligibility if you are on a low income. If you believe you are, you can apply through the government website in late September 2020.
When does the scheme finish?
The Green Homes Grant Scheme will run for six months and will end in March 2021.
Do tradespeople need to apply?
Yes! Tradespeople should enrol to the Government’s schemes in advance. Only those who have enrolled will be able to complete any energy-saving services.
They will also need to register for TrustMark or the Microgeneration Certificate Scheme. They will be added to the list of green home improvements.
What is TrustMark?
TrustMark is the government-endorsed scheme that ensures you receive nothing but quality.
Once your household has been accepted onto the scheme, you will have a choice of approved tradespeople in your local area. You can rest assured that only the best installers will be available, ensuring nothing but top-quality work, high standards and consumer protection.
The government have recently announced that they are extending their green package and they are including an additional £1billion to help buildings across the UK more energy efficient. This will include schools and hospitals.
So, in conclusion, if you are struggling on a low income and are paying out more on bills than you have coming in, the green home grant scheme is something you should consider applying for.