Green Deal Home Improvement Fund hits £50m in first six weeks

The Green Deal Home Improvement Fund (GDHIF) has paid out over £43m within its first six weeks, reports the Department of Energy and Climate Change (DECC).

According to DECC, 12,200 applications have been received and 7,925 households in England and Wales have received vouchers under the scheme, which offers people money back for incorporating Green Deal measures in their homes.

As rates are only guaranteed for the first £50m, which DECC expects to hit within the next couple of days, changes will be made to the scheme to new applicants.

From Friday 25 July, new applicants can receive up to £4000 for installing Solid Wall Insulation, reduced from up to £6000. Flue gas heat recovery units will be removed from the list of approved measures, effective from Tuesday 5 August. Applications received prior to changes coming into effect will be honoured at the original rates.

Parliamentary under secretary of state for climate change, Amber Rudd, said: “Green Deal Home Improvement Fund vouchers have been flying out of the door. We’re delighted that so many families are already making the most of this very generous offer.

“Changes announced today ensure even more households can benefit from warmer homes using less energy. There’s up to £120 million in the pot this year, but it won’t be around forever so act now.”