Green Deal spurred on with £1,000 cash back incentives
The Government has announced a further ‘cash back’ incentive scheme for homeowners to encourage Green Deal take up
The Green Deal encourages property owners to make energy efficiency improvements to their homes paid for through expected savings on energy bills.
The figures released last week showed households on the scheme would receive up to £650 for each energy efficiency measure they introduce.
The cash back scheme, which comes into play in January 2013, will allow those signing up to the Green Deal to claim a maximum of £1,000 each, until the first £40million is used up.
Energy secretary, Ed Davey said: ‘This cash back offer will help get the Green Deal off to a flying start. It really is a great offer – the more work households have done, the more energy they stand to save and the more cash they receive.’
A total of £125million is up for grabs as part of incentive measures to help restore confidence in the scheme, which has been marred with problems. Last month, the scheme launched without any major DIY retailers on board, despite them always being seen as key to its success.