The UK Government scheme launches in September 2020. In July 2020, Chancellor Rishi Sunak, announced a new scheme which will give homeowners and landlords £5,000 to pay for green energy home improvements. The Green Homes Grant is planned to help the environment by making UK homes energy-efficient and slashing your energy bills. The scheme comes as part of Rishi Sunak’s plans to create more than 100,000 green jobs to also help the economy. In addition, it is expected to help the UK meet its 2050 target of achieving net-zero carbon emissions. The programme will launch in September 2020.
The scheme aims to lower bills for households, to support jobs and to help the environment. It will also help Britain to meet its legally binding target to cut greenhouse gas emissions to net-zero by the year 2050.
The Green Home Grant, worth a total two billion pounds, is meant to improve energy-efficient of British homes. This includes insulation installation, double glazing fitting and old boilers replacement.
The funding is planned to help to make over half a million British homes more energy-efficient and to save up to £300 a year on energy bills.
Homeowners will get up to £5000 of grants to make their homes more energy-efficient. However, if you live in a low-income household, you could get vouchers to cover up to £10.000 of energy-saving home improvement works on your property.
The scheme starts in September 2020.
Rishi Sunak, the Chancellor of the Exchequer, said that the measures would be the carbon-cutting equivalent of taking 270.000 cars off the road. The scheme is going to support around 140.000 green jobs in the UK.
The Government will pay at least two-thirds of the cost of energy-saving private home improvements including installation of new boilers, insulation and double glazing. For example, an improvement costing £4,000 it is going to cost you £1,320, while the rest will be contributed by the Government.
You will apply online and be directed to accredited local suppliers. The local supplier will provide you with a quote on your home improvement. Once it is approved, the Government will issue the voucher.