Boiler Upgrade Scheme Grant to Increase to £7500

Miser1964

No doubt installers will increase their quotes by £2,500 to cream off this taxpayers cash. Corruption and Govt. bungs go together.

dealyboy

@MultiFuelBurner said:

dealyboy said:

Where does this subsidy come from? and why?

From the taxpayers, via the Government so we can get Britain Green(we)

Was £5000 now £7500 and the good news it that takes nans ASHP install down to £500.

Now that is cheap and worth the swap from gas. Just waiting for Octopus to confirm once they know what's happening with the announcement yesterday.

@mongoose2009 said:

dealyboy said:

Where does this subsidy come from? and why?

from you via taxes

there is no "free"

Thanks ... from general taxation then. I would be pretty peeved if this was being added to the SC, me being one of the unofficial poor.

michaels

Miser1964 said:

No doubt installers will increase their quotes by £2,500 to cream off this taxpayers cash. Corruption and Govt. bungs go together.

100% - the only winners will be the few who already have a quote...and the installers

Scot_39

Although it is far more likely to cover a small ashp - it still won't necessarily cover the other preconditions on insulation levels e.g. if EPC recommends cavity wall or more loft insulation -  and any upgrades to radiators, possibly even underfloor, and also potentially secondary electric hw heating.

The Scottish scheme also includes an interest free loan of another £7500 to cover secondary costs.


And some previous reports said that the grants weren't been taken up at the expected rate.

Miser1964

The irony of the Scottish grants being funded by English taxpayers via Barnett Formula transfer. The grant is only 'up to' £7,500, the 'pot' is limited so it's first come, first served and the grant is unavailable to landlords (spit!) to help improve rental properties.

NB I applied for a grant for home in Central Belt and was knocked back, I was disqualified as there was nobody in the house over 75 or claiming benefits. 

Scot_39

And 42% and 47% tax payers - on a 42% band that kicks in nearly £7000 below the rest of UK 40% band.

matelodave

Scot_39 said:

And 42% and 47% tax payers - on a 42% band that kicks in nearly £7000 below the rest of UK 40% band.

That was a self inflicted injury, those who voted for the SNP are sort of getting what they voted for. .

wrf12345

Our PM actually said it was a £7500 grant with  "no strings attached" so I am sure everyone who wants it will be able to get it, meanwhile my heated vest from Aliexpress has just arrived so hopefully will push back turning on the heating to December!

cannugec5

Scot_39 said:

Although it is far more likely to cover a small ashp - it still won't necessarily cover the other preconditions on insulation levels e.g. if EPC recommends cavity wall or more loft insulation -  and any upgrades to radiators, possibly even underfloor, and also potentially secondary electric hw heating.

The Scottish scheme also includes an interest free loan of another £7500 to cover secondary costs.


And some previous reports said that the grants weren't been taken up at the expected rate.

Yes we also applied for and got the full interest free loan. But that still didn’t cover all costs (and neither should it). We have had to pay £2,500 over and above the grant and loan. 

I am unsurprised that all the funding has not been snapped up. It is simply unaffordable to many, and as well as increased electricity bills we now have a loan to pay for the next 10 years (from our pensions). 

matt_drummer

cannugec5 said:

Yes we also applied for and got the full interest free loan. But that still didn’t cover all costs (and neither should it). We have had to pay £2,500 over and above the grant and loan. 

I am unsurprised that all the funding has not been snapped up. It is simply unaffordable to many, and as well as increased electricity bills we now have a loan to pay for the next 10 years (from our pensions). 

How did you heat your house before?

Surely the previous heating costs have gone to offset your increased electricity bills?

Hasn't your home been upgraded as part of the cost, I would assume your heat loss has been reduced and will save you money over the term of your loan?

Would you have to had spent money on your old heating system over the next ten years.

Although the cost of your heat pump and home improvements are a lot of money isn't most if not all of it money which you would have spent over the next ten years in any case?

And after ten years you will still have your heat pump and the home improvements?

Your costs are probably best spread out over twenty years and then compared to what you would have spent over that time.

I suspect you are better off in the medium to long term.