This week the government announced their new incentive to install more energy efficient, environmentally friendly, domestic heating systems. £450million has been allocated to the Boiler Upgrade Scheme, with the aim to entice people to replace old boilers with low-carbon alternatives such as electric heat pumps. Currently, these systems are more expensive than boilers, so to bring down the costs to make them comparable with new boilers the government are offering £5,000 grants to homeowners that choose to make the switch. The numbers work out to provide funding for 90,000 grants over the 3 years, so anyone that is interested in this fund will need to […]
