The government has found a further £100m in its coffers to re-open the Green Deal Home Improvement Fund (GDHIF). The original fund was exhausted by a surge in applications from households less than two months after its launch in June. But now energy secretary Ed Davey has said the government will inject £100m of fresh funding to allow it to re-open to applications from households next month.
However, Davey could not yet give terms and conditions, rates and measures to be covered by the renewed fund. This information will follow next month. The first tranche of funding offered rebates of up to £7,600 to households making energy efficiency improvements to their homes.
The £100m announced this week by Davey is in addition to the £450m allocated to household energy efficiency over three years, which was announced in December 2013.
The UK Green Building Council (UKGBC) gave the announcement a muted welcome. John Alker, director of policy and communications at UKGBC said, “Ed Davey should be applauded for securing the cash from Treasury. But we need to move beyond stop-start incentives which damage business confidence.
“This funding could see us through to the General Election, but what happens after that? All parties must recognise that home energy efficiency is an infrastructure priority, with public investment needed to support the most vulnerable and to create the confidence for the private sector to scale up investment over the long term.”