First published: 25/09/2024 -
Last updated: 17/12/2024 -
Verified by our Editorial Panel
Save money and the planet with Green Homes Wales: applications open this autumn!
Are you dreaming of a warmer home? Or perhaps you're keen to lower those energy bills while doing your bit for the planet? Well, look no further! The Green Homes Wales scheme is here to help you transform your home into an energy-efficient haven. Managed by the Development Bank of Wales and backed by the Welsh Government, this initiative is all about helping to make your home greener, cheaper to run, and more comfortable to live in.
What's in store?
The Green Homes Wales scheme isn't just about saving energy; it's about providing a package to make your energy efficiency journey smooth and stress-free. Here's what you can expect:
Expert guidance
Kickstart your green journey with fully funded access to a Retrofit Coordinator. This expert will conduct a detailed home assessment, offering tailored recommendations to boost your home's energy efficiency and decarbonisation. Whether you're considering insulation, heating upgrades, or solar panels, you'll have a clear plan to follow.Flexible financing
Worried about upfront costs? Don't be! The scheme offers interest-free loans ranging from £1,000 to £25,000, with repayment terms up to 10 years. And if you're diving into a bigger project, the terms can stretch even further. Plus, you'll enjoy a 6-month repayment holiday, giving your new measures time to start paying off!Grant funding
On top of the loans, you might also be eligible for grant funding to cover specific energy efficiency and decarbonisation measures. This means you can enjoy the benefits of a greener home with less out-of-pocket expense.
How it works
General energy efficiency advice
Begin with a wealth of general advice, helping you understand your options. Schemes like the Welsh Government's NEST can guide you in identifying existing public grant funding opportunities.Home assessment and recommendations
A Retrofit Coordinator will assess your home and provide a bespoke plan to enhance energy efficiency, ensuring you get the most bang for your buck.Funding and implementation
Once you've got your plan, it's time to put it into action with the financial support and expert implementation services provided by Green Homes Wales.
Who can apply?
To take advantage of this fantastic scheme, you need to be a homeowner in Wales and must first obtain general energy advice before making any changes to your home. Remember, all applications are subject to affordability and credit score checks, so it's essential to get your ducks in a row.
A scheme you can trust
Rest easy knowing that Green Homes Wales requires all work to comply with PAS 2035, the UK’s top retrofit standards framework. This means quality requirements are embedded, from the Retrofit Coordinators to the installers, ensuring your home improvements are top-notch.
What can you expect?
The scheme covers a wide range of energy efficiency projects, including:
Heating: Install air source heat pumps, biomass boilers, or high-heat retention storage heaters.
Generation: Go green with solar thermal, solar PV, or battery storage systems.
Fabric: Insulate walls, roofs, and lofts, or upgrade to high-performance glazing.
Controls: Optimise your energy use with smart home energy management systems.
Why go green?
Not only could you enjoy lower energy bills, but you'll also make your home warmer and more comfortable, reduce your carbon footprint, and potentially increase your property's market value. It's a smart move for your wallet, your comfort, and the planet.
Get ready to apply!
Applications for the Green Homes Wales scheme will open this autumn. It's a first-come, first-served opportunity, so don't miss out! If you're eager to be notified as soon as applications go live, make sure to register your interest now.
Join us in making Wales a greener, more energy-efficient place, one home at a time. Get ready to embrace a brighter, greener future with Green Homes Wales!