The announcement was made by Ed Davey yesterday and the initiative is intended to encourage the installation of energy saving home improvements and give a boost to business.
The second round of funding for the voucher scheme is due to be made available at the end of November this year. It follows the sudden temporary closure of the initiative in July, after DECC’s £120m initial budget was exhausted in a matter of weeks.
Commenting on the announcement, managing director of NAPIT Certification David Cowburn said, ‘NAPIT welcome the announcement of fresh funding for the voucher scheme. The GDHIF proved a very popular initiative in its first phase and we are optimistic about its potential to generate demand in the energy saving market. However, we urge DECC to learn lessons and to ensure better management of supply and demand this time around. Both installers and their customers require certainty if they are to invest in energy saving measures and this means Government need to ensure the provision of sustainable solutions to incentivise uptake and tackle climate change.’
The GDHIF Fund is set to be open to applications from households before the end of November. Further details including terms and conditions, rates and all measures to be covered will also be announced in November.
If you’re looking to get involved in the Green Deal as an installer or assessor organisation and want to help your customers access Green Deal finance and other incentives, visit www.napit.org.uk/greendeal.asp to find out more.