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Home owners to see savings available under government new green homes grant

Vouchers worth up to £5,000 will be issued to homeowners in England to make their homes more energy efficient under a Government scheme being launched in September (2020) – here's the latest info we have.

As part of the Green Homes Grant scheme, eligible homeowners will be able to use the vouchers to help pay for environmentally friendly improvements such as loft, floor and wall insulation or double glazing to replace single glazing.  Chancellor Rishi Sunak outlined the plans – which will see the Government put aside £2 billion for green home upgrades – as part of his economic statement in July, and the Government released more details about the scheme in early August. Read more


How much does solar cost?

Solar panels usually cost around £1,250-1,750 per kWp installed, depending on roof access costs, roof covering and pitch. A standard domestic 4kWp system will cost around £5,000 inc. VAT.

As 4kWp typically saves around £400 per year on energy bills, the payback time is around 15 years. The panels will last 25 years or so (with one inverter replacement). The return over 25 years is usually in the order of 9% (IRR%). This is non-taxable, so compares very favourably to any other investment, especially one that depends only on the sun coming out.

The grid cost is 17p+ per unit for the typical homeowner, and rising... and rising… Including maintenance costs, the unsubsidised cost per kWh of solar energy is only 8p. Now that's something to shout about! Read more

An Asbestos survey undertaken prior to undertaking works could save you money and delay to your planned works if you are thinking of insulating your house, installing double glazing, or installing solar panels, contact us today with no obligation 0800 774 7264 or email info@aac.ltd

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