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Green Homes Grant UK: Reasons Behind the Announcement

Last edited: 18/02/21

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Green Homes Grant UK: Reasons Behind the Announcement

Last edited: 18/02/21

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Green Homes Grant UK – What is it?

If you want an efficient way to save money on energy bills, make your home energy-efficient. So, if you’re thinking about making your home energy efficient, this winter is the right time to get started. Households in the UK may be eligible for the Green Homes Grant, which can offer you £5,000 towards energy-saving installations.

Since the government is funding this scheme, it’s likely to become popular. It’s a good way to improve your home’s energy usage and save money, simultaneously. Under the £2 billion Green Homes Grant, homeowners and landlords can receive up to £5,000 to make energy-saving improvements to their homes. This scheme will also benefit low-income households such that they can receive up to £10,000. Let’s see why this scheme was announced.

Why did the chancellor announce the Green Homes Grant Scheme in the UK?

In 2020, it was announced the Chancellor that households would be eligible for grants to make their homes energy efficient. There were mainly two reasons behind the announcement:

  1. The Green Homes Grant scheme for households is part of the UK government’s strategy to deal with climate change. To reduce the UK’s impact on the environment, the government is positive that the scheme will accelerate the implementation of energy-saving measures across households within the UK. The focus is to mitigate carbon emissions, which may be accomplished if we use less electricity and heating in the home and choose renewable green energy sources.
  2. The Green Homes Grant in the UK is expected to boost the economy while it struggles to cope with employment losses during COVID-19. This year has been devastating for millions of people across the planet. This pandemic has already resulted in a ton of job losses worldwide, and the UK isn’t an exception. Therefore, the Green Homes Grant is established to improve the usage of energy within homes. This will become a lifeline for specific sectors, which would offer jobs to many people.

How will energy-saving home improvements benefit me?

While the upfront cost of this energy-saving scheme is undoubtedly high, it’s expected that the measures you put in place will save you numerous pounds in-home energy bills annually. After the home improvement project is completed, you’ll save on energy at home, which in turn will reduce your energy bills.

The grant covers energy-efficient installation costs. These installations are a great way to save on energy in homes. The scheme covers the following installations:

  • Energy-efficient doors, for example, draught-proof doors
  • Energy-efficient windows, for example, double glazing
  • Installation of renewable energy options, for example, heat pumps or solar panels
  • Insulation, for example, loft, cavity wall, or solid wall insulation
  • Low energy or LED lighting
  • Upgraded boiler and heating options

How will energy-saving home improvements benefit me?

While the upfront cost of this energy-saving scheme is undoubtedly high, it’s expected that the measures you put in place will save you numerous pounds in-home energy bills annually. After the home improvement project is completed, you’ll save on energy at home, which in turn will reduce your energy bills.

The grant covers energy-efficient installation costs. These installations are a great way to save on energy in homes. The scheme covers the following installations:

  • Energy-efficient doors, for example, draught-proof doors
  • Energy-efficient windows, for example, double glazing
  • Installation of renewable energy options, for example, heat pumps or solar panels
  • Insulation, for example, loft, cavity wall, or solid wall insulation
  • Low energy or LED lighting
  • Upgraded boiler and heating options
Michael

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