There are many different types of grants available to fund energy efficiency home improvements. As an accredited Green Deal Installer and Assessor we are able to access grant funding of up to 100% of the total cost of the measure. This means that not only will you save money with a more energy efficient home, but you may not have to pay for the upgrade.
What grants are available to me?
There are several different types of grant funding available, and not all grants are means tested. As an energy efficiency specialist we are able to advise you on the best grant funding opportunities that are available for your home.
What is ECO?
The Energy Companies Obligation (ECO) is a domestic energy efficiency programme which works alongside the Green Deal to provide added support for packages of energy efficiency measures. ECO support includes installing insulation and energy efficient heating systems to low income and vulnerable households and to low income communities.
ECO creates a legal obligation on energy suppliers to improve the energy efficiency of households, and as one of the government’s official Green Deal partners, we work to make sure ECO measures are available to everyone. This means keeping up to date with changes to funding opportunities – and understanding how to optimise them.
There are currently two distinct ECO funding targets:
The Carbon Emissions Reduction Obligation (CERO) focuses on hard-to-treat homes and, in particular, measures that cannot be fully funded through the Green Deal. Solid wall insulation and hard-to-treat cavity wall insulation are two examples. Other insulation measures and connections to district heating systems are also eligible.
The Home Heating Cost Reduction Obligation (HHCRO) targets measures which improve the ability of low income and vulnerable households to affordably heat their homes.
What is the Green Deal?
The Green Deal is the largest home improvement programme since World War II. It is the government’s flagship energy policy and is designed to transform the energy efficiency and sustainability of the UK’s ageing buildings. As part of the 2011 Energy Act, the initiative aims to make millions of homes and businesses across Britain more energy efficient.
As one of the government’s official Green Deal partners, we work to make sustainable energy available to everyone. This means keeping up to date with changes to funding opportunities – and understanding how to optimise them. The Green Deal offers property owners a range of energy-efficient building improvements, with the opportunity to pay for the work over time through savings made on reduced energy bills.
The Golden Rule
All Green Deal Plans abide by the ‘Golden Rule’ which means the money paid back will never be more than the savings made: e.g. if wall insulation saves you £135 a year, you will never pay back more than £135 a year. The money is not paid back directly to the lender, but through the property’s energy bills, and so the person responsible for the energy bills makes the repayments – even if the property changes hands. In other words: the bill-payer will save money and also benefit from a more energy efficient home.
Why is the Green Deal needed?
The UK’s 26 million strong housing stock is among the world’s oldest and most inefficient. Around half of all buildings are not insulated properly and allow excessive levels of heat loss through walls, ceilings and windows. As energy prices and fuel costs rise this issue is something that both the homeowner and the Government must address as soon as possible. Thousands of people are wasting vast sums of money running old, and sometimes dangerous, boilers. Additionally, it is estimated 3 million homes pose significant health risks to the occupants and that £850 million is spent on healthcare as a direct result of badly insulated homes. The Green Deal is the Government’s attempt to address this energy inefficiency and enable the homeowner to make significant savings on their energy bills.