Tightening of the Green Grants

November 19, 2007 by kotoman

Home renovators are choosing renewable technologies over green grants since the government have made it harder to obtain the grants. Thus where the Government Low Carbon Buildings Programme (LCBP) was going to be used up by 2008, it’s set to last another 15 years according to Labour MP Lynne Jones.

Last financial year, the grants were so popular that they were used up halfway through the year; more money was allocated on a monthly basis, but then used up in the first few minutes of being released. The scheme was suspended in March and relaunched in May, with the maximum funding from £15,000 to £2,500 per home. As a result, few homeowners can now be bothered to apply.

source: Homebuilding and renovations