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Eco Funding: Free Energy Saving Grants for UK Households
There are a number of different ways to make your home more energy efficient and reduce your bills, such as:
- Insulating your loft and cavity walls.
- Draught-proofing windows and doors.
- Upgrading your boiler.
- Installing double glazing.
- Using alternative sources of energy, such as solar power The cost of upgrading your energy infrastructure needn’t cost the earth! In fact, many householders are spending far more money than they should. This is largely due to poor awareness of schemes that can save them money.
What are Energy Grants?
Energy grants are payments towards making your home more energy efficient, which in turn, reduces fuel bills. There are a variety of grants available.If you are on benefits, you almost certainly will qualify.
Grants may be available for any of the following:
- Renewable energy solutions – including air source heat pumps, ground source heat pumps and solar PV.
- Thermal insulation solutions – including external wall, internal wall, cavity wall, floor and roof insulation.
- Energy-efficient boilers
What Energy Grants are Available?
The Green Homes Grant is a new Government initiative to improve energy efficiency in homes in England. The £2billion Green Homes Grant is for landlords, homeowners and low income households to boost the energy-efficiency of their homes. This means, from September, most homeowners can claim £5,000 for a voucher for up to two thirds of the cost of specific energy efficient work on their home. It is expected to cover measures like external wall insulation and double glazing. However low income households can claim up to £10,000 for a voucher. We are still waiting for full details, which we will update once available. It is unclear yet whether it will apply to Scotland and Wales.
This scheme was set up by the Government in 2013 to make UK homes more energy-efficient, reduce carbon emissions and tackle fuel poverty. It obliges energy companies to improve the ability of low income, fuel poor households to heat their homes, and via this scheme, some energy companies have to provide funding for energy efficiency improvements such as improvements to heating and insulation to help eligible households cut their fuel bills.
Eligibility for ECO depends on a number of factors, like tenure, benefits and tax credits. In some areas, conditions are set locally, perhaps by a local council to help households experiencing fuel poverty or who are on a low income and have health vulnerabilities. Some particularly inefficient social housing properties can also access this funding, which is usually organised through social landlords.
Although, as described above, they are dependent on personal circumstances as well as the EPC rating of your property, these ECO grant schemes can help significantly with saving energy as well as money in the installation of Gas Boilers, insulation and central heating systems.
Meanwhile the RHI is a UK government scheme set up to encourage the uptake of renewable energy. The scheme was designed to compensate for the difference between costs of installing and operating renewable heating and fossil fuel systems. The RHI provides financial support to the owner of a renewable heating system for seven years. It can cover
- Biomass (wood fuelled) boilers.
- Biomass pellet stoves with integrated boilers.
- Ground source heat pumps
- Air source heat pumps.
- Solar thermal panels, providing hot water for your home.
And that’s not all..
- Winter Fuel Payment – A one-off, tax-free payment between £100 and £300. It’s available to those over Pension Credit age, so if you were born before 5 April 1954 you may qualify.
- Cold Weather Payment – A separate grant paid by the Government to older people and those on benefits. It applies if the average temperature is, or is, forecast to be – 0°C or below for seven days in a row (between 1 November and 31 March). This equates to £25 for every seven days of cold weather.
- Warm Home Discount – Was set up to help vulnerable customers in the UK pay for energy. By law, this scheme requires big suppliers to provide a £140 rebate on energy bills between September and March.
A variety of schemes are available for businesses to go green. These include: The Carbon Trust Green Business Fund – the energy efficiency support service for small and medium-sized companies throughout Great Britain. It provides direct funded support through energy assessments, training workshops and equipment procurement support.
Apply for a Grant and Start Saving Today!
The Government is committed to net zero carbon emissions by 2050. We anticipate further and faster action towards meeting the target. The best way to achieve this is for householders to improve their energy efficiency.
To start saving energy, money (and the planet!), browse through our list of companies who offer access to energy grants below: