The third release of finance through the Green Deal Home Improvement Fund (GDHIF) will be released on March 16, with applications open to a new œ70m pot.
The funding release will make up to œ5,600 available to households in England and Wales to help pay for the installation of energy saving measures, such as solid wall, cavity and loft insulation.
Ed Davey, secretary of state for energy and climate change, said:
“We’re helping families keep warmer for less – driving bills down by encouraging more competition between energy suppliers and making over one million homes more energy efficient.
“Households up and down the country are reaping the benefits of a warmer home thanks to the Green Deal Home Improvement Fund. And now, with more money available, thousands more can benefit.”
Unlike the second issue of GDHIF, which offered the majority of the œ30m total solely to installations of solid wall insulation, the entire sum of the latest release is available for use on any measures covered by the scheme.
Energy and climate change minister Amber Rudd said:
“This winter the Government has helped people save money while keeping warm – taking an average of œ50 off household bills and making it quicker and easier to switch supplier. But to cut bills every winter people need to use less energy.
“We’ve already improved over one million homes to make them more energy efficient and we want to help more. Thanks to the GDHIF thousands of families will enjoy lower bills and a warmer home for years to come.”
It is unclear how long these funds will be available, with the last GDHIF release lasting just over a day.