£70m Green Deal Fund “Not Enough” Says GGF

The Department of Energy and Climate Change (DECC) announced the third release of the Green Deal Home Improvement Fund (GDHIF) will be worth up to £70m, but the Glass and Glazing Federation (GGF) maintains that the fund does not have enough incentives for consumers wanting to install energy efficient glazing.    From midday, Monday 16 March, the scheme will open to new applications for the new release of funding, with up to £5,600 available to households in England and Wales to help with the cost of installing certain energy saving measures such as solid wall insulation, double glazing, boilers, cavity wall and floor insulation.Energy and Climate Change Secretary Ed Davey said:“We’re helping families keep warmer for less – driving bills down by encouraging more competition between energy suppliers and making over one million homes more energy efficient.

Households up and down the country are reaping the benefits of a warmer home thanks to the Green Deal Home Improvement Fund. And now, with more money available, thousands more can benefit.”

Nigel Rees, GGF Group Chief Executive commented, “Of course it is positive to see funding for homeowners wanting to make their properties more energy efficient but we still feel the incentives are not nearly enough for homeowners wanting to install glazing.”

DECC’s latest Green Deal statistics published in February show that out of 15,000 measures installed under Green Deal Home Improvement Fund only 47 windows have been installed and Nigel Rees adds, “The scheme and funding appears to favour some types of energy efficiency work and not others such as glazing. The latest round of funding is a slight improvement but is not nearly enough to make a difference to homeowners and the replacement window industry.”

More than 25,000 households have already received a voucher for The Green Deal Home Improvement Fund since it launched in June 2014. For the third release of funding, money has been increased for the two measures offer. Domestic energy customers will be able to receive:

- up to £3750 for installing solid wall insulation;

- and/or up to £1250 for installing two measures from the approved list below;

  • a condensing gas boiler on mains gas
  • double or triple glazing as a replacement for single glazing
  • secondary glazing
  • energy efficient replacement external doors
  • cavity wall insulation
  • floor insulation
  • flat-roof insulation
  • insulation for a room in the roof
  • a replacement warm air unit
  • fan-assisted storage heaters
  • a waste water heat recovery system

- up to £100 refunded for their Green Deal Assessment

- up to £500 more if applying within 12 months of buying a new home.

The £70 million for the third release will be available for applications for solid wall insulation and/or the two measures offer until all the funding is allocated.

The up to £70 million available for release 3 is part of the additional £100 million for household energy efficiency announced in October 2014. This funding is in addition to the £450 million already allocated to household energy efficiency from 2014 – 17.

In providing a fund to householders, the Government believe the Green Deal Home Improvement Fund will create more job opportunities for the energy efficiency sector as a whole. More than 1100 Green Deal authorised businesses are currently registered to provide work under the scheme. However funds are limited and DECC may vary the terms of the scheme (including the incentive rates) or suspend or close the scheme, with immediate effect, without notice and at any time.

For more information on the Green Deal and the Green Deal Home Improvement Fund (GDHIF) click here  

For the latest Green Deal and ECO statistics click here

600450 £70m Green Deal Fund “Not Enough” Says GGF glassonweb.com

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