The UK government has now received applications from householders for £50 million of vouchers from Green Deal Home Improvement Fund. As a result it it now releasing the remaining more money from a pot of at least £120 million available until the end of March 2015.
However, from 5 August 2014 flue gas heat recovery systems will not longer be an eligible measure for the subsidy. And from 25 July 2014 the government is reducing the subsidy for solid wall insulation from £6000 to £4000.
The latest £7600 incentive offered to households is split into a number of parts; £1000 is given for installing two measures from an approved list of renovations, £100 is available towards the cost of an the initial assessment and £4000 is on offer for the expensive procedure of installing solid wall insulation. Those who’ve bought their property within 12 months of application to the scheme are also eligible for a further £500.
Please note a flue gas heat recovery system will no longer be an eligible measure for the subsidy from 5 August 2014. And from 25 July the subsidy for Solid Wall Insulation will be £4000 not £6000.
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See press release