Funding
Simply reaching out to buy a new boiler can be difficult depending on your financial and home situations. It is with this in mind that the Scottish and UK Governments have introduced a number of funding schemes for domestic property owners to start saving money and use their hard earned cash for home improvements to stay warm in winter.
Previously, funding was available through the HEEPS Cashback and Green Deal Glasgow funding schemes to enable homeowners to make greener home improvements to their properties more easily. While these schemes are no longer available, there are still opportunities in place for you and your family to start saving more money on your energy bills every year.
Why Choosing Funding?
Using funding can help to reduce not only the costs of your installations, but your overall heating bills. Incentives for funding include heating your home more efficiently, thus reducing your heating bills over the years of your new boiler or other installation’s use. You can save money and contribute to saving energy and carbon production across the UK, starting right in your own home. What could you do with that extra money? A new kitchen or bathroom, maybe? The possibilities are endless for your savings.
Our heating engineers Glasgow team can answer any of the questions you have about funding. Chat to us over our Live Chat system or call us to book in for a face to face consultation.
HEEPS Loans
There is no cashback available in the HEEPS scheme anymore, but there are opportunities to have loans of up to £10,000 towards renewable heat installations. What does this cover?
Your loan can be used for:
- Insulation.
- Double Glazing.
- Boilers.
- Storage heaters.
- Draft proofing.
- Heating controls.
Taking your home towards a more economical and energy-saving future is easy with HEEPS loans. The scheme is open for all those who are homeowners or private sector landlords throughout Scotland and can be accessed using an application, which we can help with. You must have a Green Deal Assessment Report carried out on the property to be eligible for HEEPS loans, as this is a more accurate way to see if your property needs immediate installations to improve on energy use.
A registered Green Deal installer will then be able to install your chosen energy saving measures. Contact us today to find out more if you could be eligible for HEEPS loans and funding towards your new gas boiler Glasgow.
Energy Company Obligation (ECO)
The Energy Company Obligation is an incentive for properties to use themselves to help people living in low-income properties to be able to afford their energy bills. It ensures that energy companies do not turn a blind eye to the needs of their customers, and helps property-owners to become more involved with their energy generation.
The ECO agreement falls under three titles:
HHCRO (Home Heating Cost Reduction Obligation)
This scheme is created for energy companies to take responsibility for low-income households to have insulation and energy solutions provided to them by the companies themselves. If you are in receipt of benefits that fall under the HHCRO guidelines, you can be eligible for this assistance towards paying for a new boiler and insulation.
Under this obligation, you could be eligible for:
- Free high efficiency storage heaters.
- Gas, LPG, and Oil Boilers.
- High heat retention storage heaters.
- Double glazing & insulation.
Carbon Emissions Reduction Obligation
Wall and roof insulation installation is provided by energy companies to houses who are further in low-income homes. It is available to all properties that meet the requirements, and your home could be fully refurbished with new insulation quickly.
Carbon Saving Communities Obligation (CSCO)
To further assist people in low income households is the CSCO. It helps those living in the bottom 25% of rural areas based on income, with assistance available for insulation and connection to district heating systems. If you fall under this branch, or any of the others, please get in contact today.
Renewable Heat Incentive
Have you ever considered moving to a wood-burning heating system known as biomass? Using renewable heating measures in your home could entitle you to funding under the Renewable Heat Incentive.
This scheme offers payments over 7 years towards the installation costs of your new heating system. Due to the carbon reduction agreement in Europe, the UK has a commitment to reduce carbon emissions by 2050, and the renewable heat incentive provides a more affordable way for you to access heating measures including:
- Biomass boilers.
- Air & Ground source heat pumps.
- Solar water heating.
No matter your renewable of choice, you can rely on Glasgow Boiler Services to carry out your much-needed repairs and installations. Contact us now to find out if you are eligible for funding towards installing your heating system.