Dec12

GDHIF second release: funding fully allocated for solid wall insulation

Posted by alumascgroup

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Up to £24 million worth of funding for solid wall insulation has been allocated to households in England and Wales through the second release of the Green Deal Home Improvement Fund (GDHIF) creating a pipeline of work for the industry to carry out over the coming months.

Applications for solid wall insulation have now closed, however, subject to terms and conditions, domestic energy customers can still apply for up to £6 million to make energy efficient home improvements through GDHIF, including:
– up to £1000 for installing two measures from an approved list;
– up to £100 refunded for their Green Deal Assessment if that recommends the measures applied for;
– up to £500 more if applying within 12 months of buying a new home.

Details of further releases of funding will be announced on a quarterly basis with the next release expected in February 2015. Funding is part of the additional £100 million for household energy efficiency measures announced in October 2014 which is in addition to the £450 million already allocated to household energy efficiency over 2014 – 17.

Energy and Climate Change Minister Amber Rudd said:

“The Green Deal Home Improvement Fund has been incredibly popular – it’s helping thousands of people have warmer homes and more control of their energy bills. Although the fund for solid wall insulation is fully allocated, there’s still money available now for a range of other measures and another release of funding is expected in February.

“More than three quarters of a million homes have already had energy saving improvements installed as a result of the Energy Company Obligation and Green Deal.”

Remaining funds are limited and DECC may vary the terms of the scheme (including the incentive rates) or suspend or close the scheme, with immediate effect, without notice and at any time.

If you require any further advice on energy efficiency or any more information regarding the Green Deal please contact Alumasc Facades on +44 (0)1744 648 400. Alternatively click here to visit our website.

 

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