Green deal incentives: the Green Deal Home Improvement Fund

Written by: Kevin Lee on January 15, 2014

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The RICS (Royal Institution of Chartered Surveyors) has reported that The Department for Energy and Climate Change (DECC) has announced a new incentive scheme: the Green Deal Home Improvement Fund (GDHIF), this is set to begin June 2014. It seeks to improve upon the original Green Deal as a result of low uptake.

The figure available to households is £7600 however most of this is reserved for households with solid wall construction where 75% of the cost of insulation (up to a maximum of £6,000) is available for the installation of internal and external wall insulation.

This leaves only around £1,000 for householders who must install two energy efficiency measures from a limited list of 12 including:-

  1. Condensing mains gas boiler
  2. Fan-assisted storage heaters
  3. Flue Gas Heat Recovery
  4. Replacement warm-air unit
  5. Waste water heat recovery
  6. Cavity wall insulation
  7. Flat roof insulation
  8. Floor insulation
  9. Room-in-roof insulation
  10. Double/triple glazing (replacing single glazing)
  11. Secondary glazing
  12. Energy efficient replacement doors

As most of the above measures could cost more than £1,000 in their own right this has been reported as not appearing to be very generous.

The Green Deal Advisory Report also costs around £150 which is expensive, the DECC however has now offered to provide a partial refund of £100 should the work be completed within 24 months of the report.

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