Green Deal cashbacks see surge in applications in first week
Recent changes to the Green Deal are showing early signs of success, with an estimated £2.61 million issued to households in cashbacks during the renovated scheme’s first week, reports Greenwise Business.
The Department for Energy and Climate Change has reported that 1736 applications have been received for the Green Deal Home Improvement Fund, which now offers households in England and Wales up to £7600 cashback for energy efficiency upgrades.
The new £7600 incentive offered to households is split into a number of parts; £1000 is given for installing two measures from an approved list of renovations, £100 is available as a refund for the initial assessment and £6000 is on offer for the expensive procedure of installing solid wall insulation. Those who’ve bought their property within 12 months of application to the scheme are also eligible for a further £500.
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