The £24 million worth of funding for solid wall insulation released through the reopening of the Green Deal Home Improvement Fund (GDHIF) has already been allocated, just 24 hours after it was made available.
The second release of the GDHIF officially opened to new applications at 9am on Wednesday (10th December), with up to £4000 for installing solid wall insulation available to households in England and Wales.
However, applications have now closed, but customers can still apply for up to £6 million for two measures from a list of home improvements available under the scheme, subject to terms and conditions.
Richard Twinn, policy and public affairs officer at the UK Green Building Council, said the closure is a “clear illustration of the stop-start policy regime around energy efficiency”.
“These piecemeal pots of funding may be generous for householders but create uncertainty to the industry from one week to the next,” said Twinn.
“As one of the most expensive measures, it’s no wonder funding for solid wall insulation has proved so popular. Solid walled properties are among the oldest and least energy efficient, and have received little support from other Government schemes.
“This latest gold rush will have been exacerbated by the high profile around the sudden closure of the previous funding over the summer. Government need to learn from this ongoing debacle that we need long term drivers for energy efficiency – such as linking Stamp Duty – to avoid this constant boom and bust.”
Details of further releases of funding will be announced on a quarterly basis with the next release expected in February 2015.
The first release of the GDHIF was launched in June of this year, but closed in July due to overwhelming popular demand.
Energy and Climate Change Minister Amber Rudd said: “The Green Deal Home Improvement Fund has been incredibly popular – it’s helping thousands of people have warmer homes and more control of their energy bills. Although the fund for solid wall insulation is fully allocated, there’s still money available now for a range of other measures and another release of funding is expected in February.
“More than three quarters of a million homes have already had energy saving improvements installed as a result of the Energy Company Obligation and Green Deal.”