The two trade bodies for solid wall insulation, the National Insulation Association and INCA, have today reported that DECC will be extending the validity of vouchers already issued as part of the first phase of the Green Deal Home Improvement Fund (GDHIF), until 31st March 2015.
A very large number of vouchers that were issued as part GDHIF-1 (£120m) have not yet been redeemed for a variety of reasons and have missed the 6 month deadline for redemption.
This is excellent news and will enable many more householders that have applied for vouchers to have works completed and benefit from both the thermal improvements and the subsequential cost savings.
DECC estimate that this could affect some 3,900 existing voucher holders.
Vouchers from GDHIF Phase 2 will not be affected and will still be valid for six months as per the expiry date on the voucher, however DECC is also strongly encouraging the industry to redeem Phase 2 vouchers before 31 March 2015, to ensure that as much funding as possible is allocated from that available in this financial year.
For further details, you can access a copy of DECC’s press release Click Here.