The Department of Energy and Cimate Change (DECC) has announced that the third release of its Green Deal Home Improvement Fund (GDHIF) worth up to £70 million will take place on 16 March.
From midday on 16 March, the scheme will open to new applications for the new release of funding, with up to £5,600 available to households in England and Wales to help with the cost of installing certain energy saving measures such as solid wall insulation, double glazing, boilers, cavity wall and floor insulation.
Energy and Climate Change Secretary Ed Davey said: “Households up and down the country are reaping the benefits of a warmer home thanks to the Green Deal Home Improvement Fund. And now, with more money available, thousands more can benefit.”
More than 25,000 households have already received a voucher for The Green Deal Home Improvement Fund since it launched in June 2014. For the third release of funding, money has been increased for the two measures offer. Domestic energy customers will be able to receive:
- up to £3750 for installing solid wall insulation;
- and/or up to £1250 for installing two measures from an approved list;
- up to £100 refunded for their Green Deal Assessment;
- up to £500 more if applying within 12 months of buying a new home.
The £70 million for the third release will be available for applications for solid wall insulation and/or the two measures offer until all the funding is allocated.
In providing a fund to householders the Green Deal Home Improvement Fund will create job opportunities for the energy efficiency sector as a whole. More than 1100 Green Deal authorised businesses are currently registered to provide work under the scheme.