What is the Green Homes Grant & How Does it Work?
The Green Homes Grant is a UK-wide scheme that’s being rolled out to ensure homeowners and landlords have the option to make their properties as energy efficient as possible. Vouchers will be issued by the Government, which the Treasury believes will save households up to £300 a year on their energy bills.
To receive a voucher, you will have to apply online for recommended energy efficient measures (such as a new boiler or loft insulation). The details will then be given to an accredited local supplier. Once the supplier has issued a quote and the work has been approved, the Government will release the voucher.
At least two-thirds of the cost of home improvements will be covered by the Government on projects that reach up to £5000. The poorest households will be eligible for costs reaching £10,000, and they won’t have to contribute anything to the costs.
As an example, the cost of external wall insulation can reach £15,000 for large, detached properties. The £5000 voucher issued by the Government won’t cover two-thirds of the costs. With this in mind, experts think this will force people to take the cheapest options available to them.
In terms of helping the environment, the Green Homes Grant is still predicted to be a huge success. It’s expected that once fully rolled out, the scheme could result in carbon emissions being cut half a megaton per year, which is equivalent to taking 270,000 cars off the road.
Will the Green Homes Grant Really Help?
People are split on this topic. Vouchers can cover the price of double-glazing and boiler replacements, but there are plenty of energy efficient improvements that cost more than the £5000 and £10,000 price caps.
As an example, the cost of external wall insulation can reach £15,000 for large, detached properties. The £5000 voucher issued by the Government won’t cover two-thirds of the costs. With this in mind, experts think this will force people to take the cheapest options available to them.
In terms of helping the environment, the Green Homes Grant is still predicted to be a huge success. It’s expected that once fully rolled out, the scheme could result in carbon emissions being cut half a megaton per year, which is equivalent to taking 270,000 cars off the road.
What Other Options are Available?
There are always other ways to cut down on carbon emissions and save money on energy bills. Live Off Grid designs eco-friendly and sustainable living spaces that are accessible for all.
Our purpose built containers are highly energy efficient, and with the Green Homes Grant, you could save a significant sum by having solar panels installed or looking into wind power.
We want to help people disconnect from everyday stresses, but we want to do it in the most environmentally friendly way possible. To understand what we’re setting out to achieve feel free to get in contact with us for more details.
