The Green Deal cashback scheme is a new initiative from the Government that will let homeowners and businesses pay for energy saving improvements, like insulation, through savings on their fuel bills.
Householders can claim cash back from Government on energy saving improvements like heating controls, draught proofing and upgrading boilers. Packages could be worth over £1,000 - the more your do the more you get. Available from 28 January 2013 for households in England and Wales but is is a limited offer while the government funds last (government has guaranteed £40 million available at the initial listed rates - see below).
The Green Deal allows you to get energy efficiency improvements to your property without having to pay up front. You can pay for it by instalments on your electricity bill, for a period of up to 25 years. Paying through your bill is like a loan – but for your property, not the person. The payments are agreed at the start, and the loan stays with the property after the bill payer moves on.
The Green Deal is designed to ensure that you won't pay back more than you are saving on your energy bill. This is called the Golden Rule. However, this is not a guarantee. The actual level of your savings will depend on how much energy you use to heat your property and the future cost of energy.
For more information on how to get a Green Deal visit the Citizens Advice website
or call the the Energy Savings Advice Service (ESAS).They provide independent advice on 0300 123 1234
Or if you are ready to start energy saving on your home call us today on 01525 409917.