The Green Homes Grant is now live. Here’s a brief overview of the scheme and some key questions for those wishing to maximise the opportunities over the coming six months.
Currently in the UK, our buildings account for more than a third of our greenhouse gas emissions. The Green Homes Grant in England is one of the Government measures set to ensure we hit our 2050 target for net zero. The scheme will help tackle fuel poverty and improve the energy efficiency of our homes.
So, with £1.5 billion now available, allocated as vouchers – up to £10,000 per household, you need to be engaging with consumers to make the most of this win-win opportunity.
Educating the consumer is key to making a success of the Green Homes Grant. Homeowners and residential landlords need to understand how and why they should take advantage of the grant and the impact energy efficiency measures will have on their home and bank balance in the future.
The voucher must be used to install at least one primary measure, either insulation (e.g. solid wall, cavity wall, under-floor, loft, flat roof, pitched, room in roof) and low carbon heat (e.g air source, ground source or hybrid heat pump, solar thermal and biomass boiler).
Once at least one primary measure has been installed and the voucher redeemed for that measure, vouchers can then be used to help cover the cost of secondary measures, these include windows and doors and heating controls and insulation.
The amount received towards the cost of secondary measures cannot exceed the amount received for primary measures.
The voucher covers labour, materials and VAT.
So, if you are a relevant product manufacturer or installer are you geared up to take advantage now?
Above all, remember the scheme is only due to run until March 31st 2021.