Get up to £5,000 in Government vouchers for insulation and double glazing

From today (Wednesday 30 September), homeowners in England can get vouchers worth up to £5,000 to make their homes more energy efficient under a new Government scheme known as the Green Homes Grant.

08 January 2021

Builders, plumbers, and other tradespeople across England will need a government-backed seal of approval to provide their services as part of the new £2 billion Green Homes Grant going live at the end of September.

The new scheme will see the government fund up to two-thirds of the cost of home improvements of over 600,000 homes, supporting over 100,000 jobs in green construction.

Tradespeople must register for TrustMark or Microgeneration Certification Scheme (MCS) accreditation to take part in the scheme, which will cover green home improvements ranging from insulation of walls, floors and roofs, to the installation of low-carbon heating, like heat pumps or solar thermal – measures that could help families save up to £600 a year on their energy bills.

The government is today setting out further details of the range of measures included and how consumers in England will be able to claim the new vouchers, which are worth up to £5,000 for homeowners. Households on low income can receive vouchers covering 100% of the cost of the improvements, up to a maximum of £10,000.

The Green Homes Grants will give homeowners, including owner occupiers and social/private landlords, vouchers to install one or more of the following:

  • solid wall, under-floor, cavity wall or roof insulation
  • air source or ground source heat pump
  • solar thermal

In addition, households can use their voucher for further energy saving measures. These include one or more of the following:

  • double or triple glazing/secondary glazing, when replacing single glazing
  • upgrading to energy efficient doors
  • hot water tank/appliance tank thermostats/heating controls

Later this month, homeowners across England will be able to access advice and support on improving the energy efficiency of their homes from the Simple Energy Advice (SEA) service. SEA will suggest appropriate home improvements that homeowners may be able to apply for support in funding.

Households will be offered a list of approved TrustMark and MCS registered tradespeople in their local area to carry out the work. Once the works are agreed, vouchers will start to be issued from the end of September so work can commence.

For example, if a homeowner of a semi-detached or end-terrace installed cavity wall and floor insulation, costing around £4,000, the homeowner would pay just £1,320 – with the government paying £2,680. Doing so could save the owner over £200 annually on their bills and reduce their carbon footprint by cutting 700 kg of CO2 a year from their home alone.

Source:

https://www.gov.uk/government/news/quality-assurance-at-heart-of-new-2-billion-green-homes-grants

Disclaimer

The content of this blog is provided for general information purposes only and should not be treated as tax, accounting, legal or financial advice. Tax rules, accounting requirements, legislation, regulations and official guidance can be complex and may change over time. As a result, some information in this article may become outdated, incomplete or no longer applicable after the date of publication.

The application of any tax, accounting or legal rule will depend on your individual or business circumstances. Before making any decision or taking any action based on the information in this article, you should seek advice from a suitably qualified tax professional, accountant, solicitor or financial adviser.

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