£125m for Green Deal incentive scheme

A total of £125m has been allocated for the Green Deal Cashback scheme.

Householders who use the Green Deal to make improvements such as loft insulation, solid wall insulation and new heating systems will qualify.

The more work households decide to have done, the more cash they could receive. To qualify for the Cashback Scheme, households need to book a Green Deal property assessment so they are then ready to have improvements installed under the Green Deal from 28 January and get their cash.

Energy secretary Ed Davey said: “The Green Deal will be a great offer for people to insulate their homes from the cold, and their wallets from rising energy prices. With cashback too, energy saving has never been so attractive.

“Our Cashback Scheme is a generous offer but it’s first-come, first-served so householders need to be quick off the mark. Get an assessment, be ready to have home improvements done with a Green Deal when it launches on 28 January and then get your cashback.

“This also sends a clear message to the industry that the Green Deal is coming. Green Deal providers and businesses in the supply chain need to start gearing up to take full advantage of what promises to be an exciting new market.”

Lobbyist Neil Schofield, who is head of external and governmental affairs at Worcester Bosch, said: “This is a clear signal that the Green Deal is building momentum and I’m delighted there is such a strong incentives scheme in place to encourage early take up. We’re excited about how this could open up the energy efficiency market.”

To qualify for the Cashback Scheme householders need to:

• have a Green Deal assessment carried out on their property
• get and agree quotes from a Green Deal Provider (this could be directly with a national brand or through a local tradesperson linked with a Provider)
• apply for a cashback voucher
• and complete works within the specified period.

The Cashback Scheme also applies to private or social landlords who can benefit if they are the property improver and are paying the costs themselves.

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