Householders in England and Wales will be able to get thousands of pounds back for installing energy efficient measures.
From next month, the Government will be offering up to £7,600 through a new Green Deal Home Improvement Fund for measures including solid wall insulation, double glazing and efficient boilers.
Under the new incentive scheme, domestic energy customers can get up to £1,000 for installing two measures from an approved list, up to £6,000 for solid wall insulation and up to £100 refunded for their Green Deal Assessment.
Those who have brought a property in the 12 months prior to application can also qualify for up to an additional £500 if they carry out energy-saving improvements.
The new scheme follows the slow uptake of the Government’s flagship energy efficiency initiative launched in January last year.
Energy Secretary Ed Davey said: “The best way for households to take control of their energy bills is to use less energy. Faulty boilers, draughty windows and insufficient insulation all cause properties to leak hundreds of pounds every year.
“By installing energy saving improvements, families across the country can enjoy the benefits of warmer, more energy efficient homes and lower bills.”
Installing solid wall insulation could help save an average of £270 annually in a three-bed semi-detached house while savings from upgrading a boiler could knock around £100 from a customer’s bill, according to DECC.
The Government expects the scheme, which is also open to private and social landlords, to open up the market for smaller businesses in the energy efficiency sector.