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The government has stated recently that households could receive up to ?10,000 per home to spend on improvements, in an effort to encourage eco-friendly renovations. Energy saving and cost effective additions, such as double glazing and roof insulation, will be touted alongside more modern additions to home improvements, such as underfloor heating, draught proofing and water efficient tap systems.
To qualify, homeowners must prove that their energy usage can be more economical, cutting costs in order to qualify for part of, if not the whole ?10,000 sum. New and increasingly popular modern conveniences such as solar power and underfloor heating would mean cheaper bills and more efficient use of energy, with ministers claiming that the scheme could boost the economy to the tune of a potential sum of ?2.5 billion, creating up to 70,000 jobs in the process.
With the initial costs being covered by retailers and utility providers, the plan would see the property owner then repaying the fee in small increments, added to utility bills over a period of 25 years.
