Interest free loans of up to £10,000 for home energy improvements.
What does the scheme offer?
The Scottish Government is making available interest free, unsecured loans of up to £10,000 to householders for installing a variety of measures such as solid wall insulation, double glazing or a new boiler.
What improvements could you make with an interest-free loan?
|Measure||Max Loan Value|
|Solid wall insulation (external and internal)||£10,000|
|Cavity wall insulation||£900|
|Loft insulation (0mm - 270mm)||£500|
|Loft insulation (top-up 120mm - 270mm)||£500|
|Floor insulation (solid floor)||£750|
|Floor insulation (suspended timber)||£750|
|Flat roof insulation||£2,500|
|Boilers - gas, LPG or oil||£3,000|
|Fan assisted electric storage heaters||£3,500|
|Warm air units||£3,500|
|Waste water heat recovery systems||£1,000|
|High heat retention storage heating systems||£7,000|
|Flue gas heat recovery||£500|
|Hot water tank insulation (uninsulated tank)||£500|
Who is the scheme for?
The loan scheme is open to owner occupiers and registered private sector landlords in Scotland. The repayment period varies based on the amount you intend to borrow but those taking out higher value loans will be able to pay back over 10 years.
How do I choose an installer?
Work carried out under the scheme must be completed by an installer who is Green Deal certified specifically for the measure you wish to install. You can find a suitable installer via the Green Deal Approved Register.
What is the process?
To make an application, call Home Energy Scotland on 0808 808 2282, who will arrange for an application form to be sent out.
You will need to have a Green Deal Advice Report (GDAR) carried out before you apply because any measures you wish to install must appear on the ‘Recommendations for improvement’ list on the Energy Performance Certificate portion of the GDAR.
Along with your completed form you will need to send a copy of your GDAR and at least one quote for each measure you wish to install – although you are strongly advised to seek at least three quotes, particularly if you are considering installing more expensive measures.
Once your application has been received, the Energy Saving Trust will assess your eligibility including undertaking a credit check on the named applicant. If you are successful, you will be offered a loan. You must not start work until you have received a loan offer.
Is there other support available?
If your property is in council tax band A, B or C, you can also apply for a grant under the Scottish Government’s Cashback scheme.