A £120m scheme offering households cashback for
installing energy-efficient home improvements was shut down with immediate
effect on Thursday night (24 July) after funds were exhausted in just six weeks.
The Green Deal Home Improvement Fund (GDHIF) offered households up to £7,600
each - enough to cover the majority, or in some cases all, of the cost of
various measures such as insulation or new doors and windows. On Tuesday (22
July) ministers announced that they planned to lower the cashback levels on
offer as of Friday because £50m had already been allocated. But in a statement
rushed out on 24 July, ministers announced that “due to overwhelming popular
demand”, the fund was instead “closed for applications with immediate effect”.
“A surge in applications over the last two days means the allocated budget has
now been reached,” it said. Read more on the Daily Telegraph website.
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