Are there any grants available for installing solid wall insulation?
Although there are currently no nationally available energy efficiency grants for solid wall insulation, the Government’s Community Energy Saving Programme (CESP) is aimed at helping families to permanently cut their energy bills by improving energy efficiency standards. It is funded by the energy companies and delivered through community-based partnerships involving Local Authorities via a house-by-house, street-by-street approach, with a particular focus on low income areas to help to take hard-pressed families out of fuel poverty. Check with your local council to see if your property could be tackled under the scheme.
Although not yet launched, it is hoped that funding for solid wall insulation will soon be available via the Green Deal, a new government initiative designed to help meet the upfront cost of making your home more energy efficient. It will allow homeowners to install energy-efficiency measures and pay for the improvements with the savings on their fuel bill. The amount of finance that a Green Deal Provider can attach to a customer’s estimated electricity bill will be limited by the ‘Golden Rule’ principle, which is determined by both the cost of the proposed measures, as well as the estimated energy bill savings that are likely to be realised as a result. It is unlikely that the majority of homes installing solid wall insulation will meet the ‘Golden Rule’ so for packages that include solid wall insulation, the Carbon Saving Obligation, part of the new Energy Company Obligation (ECO), has been designed to help those homes that cannot fully fund energy efficiency improvements through Green Deal finance alone. It is proposed that funding under the Carbon Saving Obligation would be available for all packages which include solid wall insulation.
If you’re a landlord there is also help available for installing solid wall insulation. Until April 2015, the Landlord’s Energy Saving Allowance lets you claim up to £1,500 against tax for energy-saving improvements you have made to each house or flat you rent out.
Read more: Insulation FAQ | Find Detail on Loft Insulation & Cavity Wall Insulation DIY, Regulation & Cost http://thinkinsulation.co.uk/faq.htm#solid-1#ixzz2AOyF4T3g
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