Government reaches one million home target for energy efficiency schemes

Energy efficiency measures have been installed in one million homes as a result of Green Deal Fund External Wall InsulationGovernment schemes, according to the latest figures from the Department of Energy and Climate Change (DECC).

By the end of November 2014, the combination of the Energy Company Obligation (ECO) and Green Deal schemes had delivered measures to 1,021,000 homes – four months ahead of the March 2015 target DECC had set itself.

The large majority of installed measures (97%) were delivered through ECO.

Ed Davey, secretary of state for Energy and Climate Change, said:

“Helping to make one million homes in Britain warmer through energy efficiency is great news – and to hit our target early is even better.

One million extra homes already have permanently lower energy bills – whether that’s thanks to better insulation or more effective boilers. The challenge now is to continue this drive – and our next installment of the Green Deal Home Improvement Fund is coming soon.”

Energy and Climate Change minister Amber Rudd
said:

“More than one million homes across the country – including over 28,000 homes in rural areas – are enjoying a warmer, cheaper and greener winter thanks to our policies.

I want to see energy companies continue to deliver their obligations so more people can reap the benefits and stay warm this winter and every winter.”

However, following the Government’s announcement in December 2013 of proposed cuts to ECO, and an extension to its current targets, the number of measures installed under the scheme have showed month-on-month decline. November 2014 was no exception, with measures down 10% from the previous month.

The implementation of the Green Deal Home Improvement Fund (GDHIF) was intended to offset the changes made to ECO, but is only available for short periods when funds are released. The most recent phase of GDHIF saw £24m in funding for solid wall insulation – the sector considered most at risk from ECO cuts – swallowed in just over a day, with more funds to be made available in February 2014.

Up to a further £6 million is still up for grabs – homeowners can apply for up to £1,600 if they install two measures from a list of home improvements under the Fund.

If you require further information regarding the Green Deal Home Improvement Fund or ECO please contact Alumasc Facades on 03335771700 or visit our website www.alumascfacades.co.uk.

Source: http://www.rcimag.co.uk/

The household energy efficiency fund boosted by £100 million

Green Deal Fund External Wall InsulationMore people will now be able to enjoy warmer homes and control their energy bills more efficiently due to an additional £100 million being implemented into the household energy efficiency fund.

Applications for a new phase of the Green Deal Home Improvement Fund, designed to help people make energy saving improvements to their home, will open to households before the end of November.

Further details including terms and conditions, rates and all measures to be covered will be announced in November.

Energy and Climate Change Secretary Edward Davey said:

“More money means more people can live in warmer, greener homes sooner.
“Green Deal Home Improvement Fund vouchers went like hot cakes earlier in the year and now even more people can cut their energy bills by making their homes more energy efficient.”

Energy and Climate Change Minister Amber Rudd said:

“We’ve already taken £50 off energy bills but we know that the best way for households to cut their bills is to use less energy.

“Over three quarters of a million homes have already had energy saving improvements installed as a result of the Energy Company Obligation and Green Deal schemes and it makes sense to help even more families install measures so that they see the benefits of lower bills and a warmer home for years to come.”

The £100 million announced today is in addition to the £450 million allocated to household energy efficiency over three years, which was announced in December 2013.

If you would like any further information or help regarding Green Deal Funding, call (0) 3335 771 700 or email facades@alumasc-exteriors.co.uk