Government announces details of Green Deal relaunch
The UK government has released the details of its relaunch of the Green Deal Home Improvement Fund, which will come into effect from Wednesday December 10th.
Although it was already known that the Department for Energy and Climate Change has managed to secure £100 million worth of funding to help encourage people to make their homes more energy efficient, the details of exactly what this would involve were uncertain.
However, it has now been announced that between this week and February 2015 - when the second phase of the scheme will be launched - £30 million of vouchers will be available to UK residents wishing to make their homes more environmentally friendly.
Up to £24 million of this sum will be allocated to funding solid wall insulation, while the remaining £6 million or so will be available for households to apply for to help them with the cost of installing two measures from a specific list.
This means each party can access up to £4,000 towards solid wall insulation or as much as £1,000 for two measures from the approved list.
In addition, households will be able to receive up to £500 to invest in energy-efficient improvements if they apply to the fund within a year of purchasing their property, while Green Deal applicants will also be eligible for refunds worth up to £100 if they sign up for an assessment under the initiative.
Energy and climate change secretary Ed Davey commented: "This fund is a big success story for the Green Deal - helping thousands of people improve their homes so that they're warmer, greener and cheaper to run.
"The best way people can cut their energy bills, this winter and every winter, is to improve their homes so that they leak less heat and use less energy."
Altogether, the government is allocating £450 million towards improving the energy efficiency of homes throughout Britain over the next three years.