£5,000 ‘Green Homes’ vouchers set to be announced: A ‘green homes’ scheme, including £2 billion worth of vouchers for homeowners, is set to be announced by the Chancellor during his ‘mini-Budget’ announcement tomorrow.
The ‘Green Homes Grant’ suggest newspaper reports, aims to create additional green jobs with extra work for builders, plumbers, electricians and boost the economy with a green recovery and is expected to provide £5,000 and up to £10,000 in vouchers for some of the neediest households.
The scheme which is expected to go live in September, will allow homeowners to make upgrades on wall and floor insulation, heat pumps, low carbon boilers, energy efficient lighting and doors.
The government is expected to cover at least two-thirds of the home improvements expenses under the new scheme.
It is estimated the funding will save families up to £600 every year on energy bills.
Allegedly the grants form together with the extra billion pounds expected to be allocated to retrofitting public buildings and social housing, part of a wider £3 billion investment in green technology.