A major part of the Green Deal financing mechanism is called the Energy Company Obligation (ECO),available to both home-owners and tenants.
It is a statutory obligation that forces the UK’s energy companies to provide free home-owner ECO grants to subsidise the costs of external wall insulation as a way of cutting carbon emissions.
The Green Deal ECO is specifically aimed at solid wall insulation with free grants of up to 60% of the costs and so is a great financial boost to anyone considering Wethertex external wall insulation.
Qualifying For An ECO Grant
Everyone with a solid wall home or one with narrow cavities automatically qualifies for a free ECO grant regardless of the size of income or property. These are due to start in April 2013.
Even better news is that if you could also be eligible for extra ECO grant funding towards the costs of double glazing and loft insulation as long as you have those solid walls insulated!
The grants vary in size according to house type and size and are paid directly to the contractor installing the wall insulation. The difference between the grant and the full cost can be repaid on a pay-as-you-save basis using savings on your heating bills if you do not wish to use your own capital.
How To Get an ECO Grant
The ECO grants are available for solid wall houses and for walls with cavities too narrow to inject. They are also available for non-standard construction types such as no fines concrete and pre-fab homes.
Another customer happy with the free grants:
If you live in such a property then in the first instance you need to order a Green Deal Assessment of your home as this produces a report detailing the amount of grant you are eligible for. This is lodged on a central database so Energy Companies can release the grant to the contractor once the work has been completed.
Wethertex will be authorised to access the grants for you once the scheme launches in late April 2013. Plus of course we will also be qualified to install your wall insulation as well!
So if you are interested in finding out just how much free grant money is waiting for you just call or email us to reserve a spot on our Green Deal Assessment waiting list.
Wethertex will be offering to refund the costs of an Assessment to those people using our external wall insulation.
Please see the DECC Code of Practice for the requirements of those companies acting as Green Deal Installers,Assessors & Providers
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