AS FROM MARCH 2014 THE GOVERNMENT CASHBACK SCHEME OF UP TO £4000 HAS REPLACED ALL THE PREVIOUS ENERGY COMPANY GRANTS FOR SOLID WALL INSULATION
THIS IS EXPECTED TO BE UNTIL LATE SUMMER WHEN ENERGY COMPANY GRANTS ARE PREDICTED TO RESUME AFTER A GOVERNMENT REVIEW
When they become available again Wethertex can access ECO grants for solid wall insulation under the Green Deal Scheme. These are available to owners and tenants of any type of solid wall property and are designed to greatly reduce the upfront costs for the home-owner of having energy saving insulation fitted to the outside walls.
For the home-owner wishing to keep warm with reasonable heating bills there are also Green Deal loans available to fund the difference between the full cost and the grant regardless of income.
Below is a brief summary of the current help available for insulation of external walls in a solid wall property but this does vary over time. Current grant subsidies are around 25% of the costs
Government Green Deal Help
January 28th 2013 saw the launch of the Green Deal with grants and financing available to any home-owner or tenant looking to improve the energy efficiency of their homes. Click Green Deal Grants for more details
The Chancellor of the Exchequer recognises the importance of cutting energy use and bills and has levied a 5% vat rate on external insulation as opposed to a standard rate of 20% . This 15% subsidy is very welcome and it represents a saving of around £1500 on a 3 bed semi-detached solid wall property.
Energy Company Insulation Grants
Whilst the Utility companies often deserve the bad press they frequently get it is important to remember that the grants for loft, cavity, boilers and hot water tanks are actually funded by the Energy Companies under a legal obligation to save carbon emissions under in what is known as the Energy Company Obligations or ECO.
The grants are open to all home-owners,landlords & tenants for a wide range of energy-saving home improvements and can be accessed only through an accredited Green Deal Advisor following a home energy efficiency assessment visit.As you would expect Thinc Wethertex are able to provide this service for you as well as carrying out the work itself.
Local Council Help
Unless you have been living on another planet you will be aware of the current financial difficulties facing our local councils and of the need to cut costs and save expenditure and unfortunately this often means job cuts.
Despite this position the Councils now have responsibility for the carbon footprint of their borough and under the Decent Homes Scheme they do have a pot of money they can use to upgrade and modernise homes in their local area.
In addition a lot of Councils are teaming up with companies like Wethertex to offer the Green Deal Scheme to their residents so it is definitely worth a phone call .
Energy Saving Trust
Hugely under-used and under-valued the Energy Saving Trust should be people’s first port of call for energy saving advice,not just for solid wall insulation grants.
With a national network of Regional Offices this non- profit organisation has access to information and sources of funding that no-one else does. We strongly urge you to tap into this great resource and contact the Trust to see if they can help you save money and energy across a lot of other areas in your home.
*For more information you may wish to see the DECC Code of Practice which governs those companies acting as Green Deal Assessors,Providers or Installers.