Tuesday 22 February 2022

How Does The Green Homes Grant Helps to Save Energy Bills?

Climate-changing problems come with many challenges; therefore, it is important to choose the energy we use is cleaner and greener and fits in our home for future purposes. 

 

Therefore, government launched a green home grant scheme that makes your home more energy-efficient and not only reduces carbon emission but also improves health, cuts bills, and also creates a job for qualified builders, skilled at installing energy-saving equipment. But what is exactly a green home grant?

 

The Green Homes Grant was set up by the government to help homeowners pay for improved energy savings in their homes by installing equipment such as wall insulation, solar panels, air source, and heat pumps for £ 2 billion. This program aims to improve the warmth of homes, reduce energy prices and ensure that the UK is carbon-free by 2050.

 

How does the green home grant work?

 

Through the Local Authority Delivery scheme, local authorities in England can apply for funds to help residents in their area pay for energy-saving measures. They can then choose partners to help them distribute the home renovation grants.

 

The Green Homes Grant scheme was originally divided into two parts: one where eligible households could apply for free funding through their local authority, and a second part where customers who didn't meet the eligibility criteria could receive a voucher to cover up to two-thirds of the cost of the improvements, but this part has recently been discontinued.

 

A Green Homes Grant voucher can be used to offset the cost of building energy-efficient modifications to your house whether you're a homeowner or a residential landlord.

 

The grants cover two-thirds of the cost of making energy-efficient modifications to your home (or your property, if you're a landlord) up to the value of $5,000. You can apply for a £10,000 voucher to cover the complete cost of the modifications if you're on a low income or receive certain benefits.

 

One thing you need to consider is- the Green homes grant voucher cannot be used to offset the cost of a measure that has also received financing from the Energy Company Obligation (ECO). Both the ECO or free insulation grants and Green Homes Grants can be claimed as long as they are for different measures, such as loft insulation and cavity wall insulation.

 

For more information, please visit: https://warmfront.uk/

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