April 29, 2022

Grants & Finance in 2022: Energy Efficient Upgrades

Is your boiler old, inefficient, and/or entirely inoperable? Are you having trouble coming up with the funds you’ll need to have your heating and hot water up and running? Are your energy bills draining your finances?

If you qualify for a grant under the ECO programme, you’ll receive government funding for brand new, more energy-efficient upgrades to your home. This should save you money on your energy costs – up to £315 per year if you replace a G-rated boiler – and decrease carbon emissions, which is good for the environment.

People from all around the nation have been calling Elite Group since the ECO initiative began to check whether they qualify for a government grant. In a word, if you get certain benefits and satisfy certain conditions, you may be eligible for free boilers, insulation & other energy efficient upgrades.

 

Government Funded Boiler Upgrades

If you get a qualifying benefit and your boiler is 10 years or older, you may be eligible for grant financing towards a brand new A-rated boiler as part of the UK government’s Energy Company Obligation (ECO).

Free boiler grants are provided by UK energy suppliers and do not need repayment.

 

What types of people are eligible for a boiler grant?

  • You receive a benefit that qualifies you.
  • The current boiler is over ten years old.
  • This boiler isn’t a condensing boiler.
  • Gas is used to heat the house.
  • You are the proud owner of a house.

 

The qualifying benefits are:

  • Income based Jobseekers allowance
  • Income related Employment & Support Allowance
  • Income Support
  • Pension Credit
  • Housing Benefit
  • Tax Credits (Child or Working Tax Credit)
  • Universal Credit

To check if you qualify, use our free boiler eligibility checker.

 

Insulation Grants

Cavity wall and loft insulation might save you up to £1,000 per year on your energy expenses. Energy companies are giving it away for free if you own your home and meet their eligibility requirements – but make sure it’s right for your home first.

If you meet the following criteria, you are likely to qualify:

  • You own your house (or rent from a private landlord in certain situations) AND…
  • Pension credit, universal credit, child benefit (subject to income limitations), carer’s allowance, and disability living allowance are all qualifying benefits

According to the Energy Saving Trust, cavity wall insulation costs up to £610 to install (including construction work) and may save you anywhere from £75 to £255 per year on your energy bills, depending on your property. Loft insulation can cost up to £395, but it can save you anywhere from £125 to £315 per year.

 

Boilers & Insulation on Finance

Since the introduction of ECO4, the qualifying criteria for government funding / energy saving grants has become much more refined and strict. Elite Group understands that not everyone qualifies for government support but may still want to improve the energy efficiency of their property.

For this reason we offer interest-free finance for all boiler installations and insulation fittings. The best part of all is that there’s no upfront costs involved! Simply contact us for a quote, receive a home survey and start paying the cost of your new install monthly after the install!

Get in touch today: 01325 466016