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Revamped Green Deal pay outs approach £10m mark

Nearly £10m has been issued for the government’s Green Deal Home Improvement Fund in its first two weeks.

According to industry estimates, £8.5m has been issued since the scheme launched at the beginning of June, £6m of which was in the first week.

A total of 2821 applications have been made to date for the fund, which offers households up to £7,600 for making energy efficiency home improvements from an approved list.

A total of £50m has been made available, with an additional £70m to be made available for this financial year.

The scheme also entitles those who have bought a property in the 12 months prior to application to qualify for up to an additional £500 if they carry out energy efficiency improvements.

Energy Secretary, Ed Davey said: “We’ve changed the Green Deal to make it simpler and faster for people to make their homes more energy efficient – you could get up to £7600 back, straight into your bank account.”

Keepmoat group sustainability director Nigel Banks previously stated that it was “bizarre… smaller obvious, measures” such as loft insulation and heating control installation were not on the list of measures accepted in the fund.

He also had concerns around the way the cashbacks were administered, with the money going into the customers back account within ten working days.

Under the new incentives, domestic energy users could get:

  • up to £1,000 for installing two measures from an approved list
  • up to £6,000 for installing solid wall insulation
  • up to £100 refunded for their Green Deal Assessment