The existing insulation grants are part of the government’s Carbon Emissions Reduction Target (CERT) which means that major energy suppliers must meet carbon reduction targets by contributing to the costs of insulating homes. This scheme will end on the introduction of the Green Deal, probably in autumn 2012, and grants for insulation will no longer be available. The Green Deal will involve loans for energy efficiency measures which will be paid back through energy bills. The repayments will not exceed the savings made by the implementation of the energy saving measures and, once the total costs have been repaid, the energy savings will of course continue. Under the current grant scheme, however, no repayments are required.
Hayley Jones, Web Marketing Director at UK Energy Saving explains further. “It is widely acknowledged that insulating your home is one of the best ways to save energy and reduce bills, often by over £250 a year. The current grant scheme means that householders can see the benefit of these savings sooner, as some or all of the upfront costs are removed. We would therefore wish to encourage householders to act now on insulating their home before the current scheme ends. The Green Deal will allow consumers to introduce energy saving measures such as insulation without having to find the money themselves, but repayment of loans will be required. Install insulation now and you can see the monetary benefits even sooner!”
More information on insulating homes can be found at http://www.uk-