Thursday, 12 June 2014

Troubled Green Deal Re-Launches with £1,500 Sweetener

Homebuyers who install energy-saving measures within the first 12 months of moving into their new home will be able to claim new grants – typically up to £1,500 – after a government revamp of the green deal. Following a raft of complaints about the original scheme – set up to encourage householders to insulate and improve their homes – and a very low take-up, ministers have responded with a series of financial sweeteners.  From 9 June a £500 payment will be offered to anyone who installs energy-efficiency measures within 12 months of moving into their property.  They will also be able to apply for a further £1,000 cashback, which will be available to all, irrespective of when they moved in, if they fit any combination of two improvements from a list of 12. Read more on the Guardian website.

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