Applications for the Green Homes Grant will open on 30th September 2020. The £2bn insulation government scheme can be used to help cover the costs of making energy efficient improvements to your property.
Property owners will be able to claim up to £5,000 in the form of vouchers. Low income households will be eligible for vouchers worth up to £10,000. Those that access the scheme must ensure work is carried out by 31 March 2021.
Private and social landlords are able to take advantage of the scheme, which forms part of the government’s plan to help the UK meet its net zero emission targets by 2050. As long as your property is based in the UK and it isn’t a new build which has never been occupied you can access the funding.
The scheme will not only benefit those landlords looking to improve the Energy Performance Rating (“EPC”) of a property, but their tenants too. Energy efficient homes mean lower utility bills and will be more attractive to prospective tenants.
There appears to be no cap on the number of properties a landlord can improve, meaning those landlords with large property portfolios could potentially save thousands.
What can the Green Homes Grant be used for?
The improvements are split into ‘primary’ and ‘secondary’ measures. If installing a primary measure, you can also use the grant to help cover the cost of a secondary measure.
The grant must be used to install at least 1 primary (insulation and/or a low carbon) measure.
- solid wall
- under floor
- cavity wall
- flat roof
- room in roof
- insulating a park home
Low carbon heat measures:
- air or ground source heat pump
- solar thermal
- biomass boilers
- draught proofing
- double/triple glazing (replacing single glazed windows)
- secondary glazing (in addition to single glazing)
- external energy efficient doors
- heating controls
- hot water tank thermostats and insulation
What work isn’t covered by the grant?
- adding a new extension or conversion
- insulating a conservatory with no fixed heating
- installing a new fossil fuel boiler
Those interested in accessing the scheme will now need assessing their properties in order to complete their application at the end of the month. For more information on what the grant covers and the next steps – head to Simple Energy Advice (SEA) website.
Please contact a member of the Ascendis team to discuss the options available to you.