CHANGES TO THE GREEN DEAL CASHBACK SCHEME
DECC recently announced several changes to the existing Green Deal Cashback Scheme (operating in England and Wales) which rewards consumers for taking action to improve the energy efficiency of their homes through the Green Deal. These changes were the result of feedback we’ve had from industry and consumers on how the scheme could be made more attractive to increase energy efficiency in households.
A quick recap of the changes :
- The scheme will be open for new applications until 30 June 2014. Vouchers will have a validity period of three months, or six months for Solid Wall Insulation ( SWI). However, all work must be completed and vouchers redeemed by 30 September 2014.
- The rates have changed for some items: Eg, SWI changes from £650 up to £4000. These new rates will apply to applications made or redeemed on or after 13 December and the Cashback Administrator will contact people affected by this.
- We have increased the customer’s contribution cap from half to two thirds, bringing more households within reach of the maximum cashback rates for each measure.
- For customers who do not want to take out a Green Deal Plan to make energy efficiency improvements we are removing the requirements for Guarantees and Insurance Backing for all measures except for cavity and solid wall insulation.
- Customers will not be able to claim cashback for packages of measures that include a contribution from Green Deal Communities schemes, and from April 1, customers will not be able claim cashback for packages of improvements that include an ECO contribution.