GREEN HOME GRANT DEALS
Harvard Heating Services hope to provide a useful resource below to help Homeowners understand more about the Green Home Grant.
WHAT IS THE GREEN HOME GRANT?
The Green Homes Grant scheme will provide £2bn for projects such as ensuring houses are properly insulated. This is part of a wider £3bn plan to cut carbon emissions.
The grants will be provided in the form of vouchers which can be used towards making energy-efficient improvements to homes.
The Treasury claims that utilising these vouchers could save families up to £300 a year on energy bills, although it is not clear how this has been calculated. Sunak confirmed that the average annual saving will likely be in the region of £200.
WHO CAN APPLY FOR THE VOUCHERS
The chancellor revealed that both homeowners and landlords would be eligible in his statement, but we await further details. The chancellor confirmed that up to 650,000 homes will be covered by the grant.
The poorest households will be eligible to receive up to £10,000 towards these improvements. And these poorest homeowners will not have to contribute anything to the cost.
WHAT DOES THE GREEN HOME GRANT COVER?
Homeowners will be able to spend these vouchers on a myriad of improvements, including:
Loft and floor insulation
New, more efficient boilers
Double or triple glazed windows
WHEN WILL IT BE AVAILABLE?
Applications for the grant will open in early September 2020.