Homeowners to obtain funding of up to £5000

Homeowners to obtain funding of up to £5000

On Friday 28th August Business and Energy Secretary Alok Sharma unveiled a new initiative that provides homeowners and landlords with advice on how to make their homesmore energy efficient through the Green Homes Grant scheme. 
 
The scheme, which is due to open by the end of September, will allow consumers to obtain funding for up to two-thirds of the cost of the energy saving measures identified - up to £5000 – in the form of new vouchers. Lower income households could be entitled to have as much as £10,000 of the costs covered.
 
The green home improvements include: insulation of walls, floors and roofs, the installation of double or triple glazing when replacing single glazing, and low-carbon heating. These measures could help families save up to £600 a year on their energy bills.
 

Business and Energy Secretary, Alok Sharma, said: "Green Homes Grants are a key part of our plans to build back greener, helping make 600,000 homes more energy efficient with government vouchers, while supporting 100,000 skilled jobs and supporting our transition to net zero carbon emissions by 2050".


Article published 2nd September 2020

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