The Green Deal

Andrew WilliamsNews

A new way of improving your home with no up-front costs?

The Green Deal is not just a fantastic opportunity to reduce your energy costs and help the environment; it is also a superb way to improve your property. The great thing about Green Deal is there are no up front costs. The clever part is the repayments for improvements is collected through your electricity meter and should not be higher than the savings you make through your home being more energy efficient. Some houses will save more than others but on the whole the savings should outweigh the repayments. This is not a personal loan and there are no credit checks. If you move home the loan stays with the property not you.

How long have you wanted to install?

  • Energy efficient glazing
  • Wall Insulation
  • Loft insulation
  • New boiler

There is other work too that you can have carried out. Indeed there are over 45 improvements  you can make through The Green Deal.

If you own or rent your house when you move the new occupants will carry on paying the loan through the electricity meter. You take no personal debt with this scheme. A better way to look at it is the electricity meter is taking the loan. You are simply making the savings while living in the house.

There is additional funding to complement the Green Deal under the  Energy Company Obligation (ECO.) Houses that are hard to treat for example, SOLID WALLS, may get all or part of this work paid for. Likewise if you are on a low income and/or finding it difficult to pay your heating and power bills you may also get all or part of the measures paid for.

If you are a business you can also take advantage of this great programme for your commercial property.