Getting Help

Funding possbilities:

BOILER UPGRADE SCHEME, OTHER FUNDING, AND RETROFIT MORTGAGES

Funding advice
Keep Herefordshire Warm has advisers who can guide you through all the funding sources available nationally and locally. https://www.yesenergysolutions.co.uk/schemes/keep-herefordshire-warm/

Boiler Upgrade Scheme (BUS)
The government is providing grants to encourage property owners in England and Wales to install low carbon heating systems through the BUS until April 2025. These grants can help property owners overcome the upfront cost of low carbon heating technologies. Available to homes and businesses the scheme provides a £7,500 grant towards an air or ground source heat pump provided they are installed by registered installers. You will need an energy performance certificate (EPC) and sufficient levels of insulation prior to switching to low carbon heating to ensure that you are heat pump ready, though this may be less than you thought so long as you have enough radiators. The grant may not cover the full cost of installing a heat pump so you will need to consider how you will finance the rest of your retrofit project (see below for ideas).

Read more about the BUS: https://www.gov.uk/government/publications/boiler-upgrade-scheme-changes-to-grant-levels#:~:text=From%2023%20October%202023%2C%20the,about%20the%20Boiler%20Upgrade%20Scheme.
Find your EPC: https://www.gov.uk/find-energy-certificate
Learn more about whole house retrofit: https://hgnetwork.org/retrofit-resources/

Funding for home improvements
There is both grant funding and contribution funding for those self-financing their home energy upgrades currently available for Herefordshire residents. Home improvements could include heating improvements, insulation and draughtproofing and renewable energy.

Grant funding is offered based on a range of criteria including; you don’t have mains gas heating in your home, you live in an energy-inefficient home (with an EPC rating of D, E, F or G) and you have a combined household income below £36,000 per year or you’re on means-tested benefits.

Home Energy Savers: Contribution funding of up to £3,000 towards building fabric upgrades (rather than the addition of technology like solar pv) is available to all with no eligibility criteria. The process begins with a fully funded whole house energy efficiency survey and plan — with no obligation to continue to install.

Contact Keep Herefordshire Warm to find out which scheme is right for you: https://www.yesenergysolutions.co.uk/schemes/keep-herefordshire-warm/

Or watch our webinar about the Home Energy Savers programme: https://youtu.be/bPWcJYo0kEY

Green loans
Just Credit Union is providing green loans at preferential rates to Herefordshire homeowners via Money Box Credit Union. This is a new loan for Money Box not yet on their website. Loans are for up to a maximum of £15,000 which is provided at 5% APR over up to 5 years and can be used for a variety of green purposes. Money Box Credit Union is a Herefordshire not for profit, owned by its Herefordshire members providing unsecured affordable loans along with savings accounts.

Find out more about the green loan: https://justcreditunion.org/loans/preferential-green-loans/
Contact Money Box Credit Union: https://moneyboxcu.org.uk/contact/ 

Green mortgages
The availability of green mortgages is increasing with discounted rates for energy efficient properties and/or additional borrowing available to fund energy efficiency (retrofit) work. Mortgages are available for new builds, existing properties, buy-to-let and renovations. The Green Finance Institute provide an overview of green mortgages in the UK.
https://www.greenfinanceinstitute.co.uk/programmes/ceeb/green-mortgages/

For businesses
The Business Energy Efficiency Program (BEEP) program provides an energy survey and some funding toward solutions for predominantly B2B businesses in in Worcestershire, Herefordshire, Telford & Wrekin and Shropshire:
http://www.business-central.co.uk/beep/