Extra £100m available for the Green Deal

The Green Deal has been around a few years now and although it didn’t enjoy the best of success when first launched, homeowners are now starting to appreciate the benefits it offers.

With the Green Deal you have the perfect opportunity to reduce your energy bills and improve your property’s efficiency with insulation such as double glazing and loft lagging.

And now, due to the popularity of the Green Deal, the Government has made an extra £100 million available to the scheme. In the wake of this news, more homeowners will be able to enjoy warmer homes and have a better control on their expensive bills.

This increased funding will be available to the British public towards the end of November and it’s expected that more details will be released nearer the time. However, it’s evident that leading energy ministers have heavily supported this added finance.

Ed Davey, the Energy and Climate Change Secretary, said: “More money means more people can live in warmer, greener homes sooner. Green Deal Home Improvement Fund vouchers went like hot cakes earlier in the year and now even more people can cut their energy bills by making their homes more energy efficient.”

The Green Deal cash has also been backed by Minister Amber Rudd, who said: “We’ve already taken £50 off energy bills but we know that the best way for households to cut their bills is to use less energy.

“Over three quarters of a million homes have already had energy saving improvements installed as a result of the Energy Company Obligation and Green Deal schemes and it makes sense to help even more families install measures so that they see the benefits of lower bills and a warmer home for years to come.”

The £100 million input is an extension of what’s already in the kitty and shows the Government’s commitments to helping homes become more energy efficient. £450m has already been put into the scheme, which will be distributed over a three-year period.

Evy Coe

Evy works for Quotatis as a Content Marketing Executive. She loves to write about interior design and help homeowners with their DIY projects.

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