So do these grants exist? The simple answer is yes, but it's currently very unlikely you'll be able to access full funding due to recent cut-backs.
The 'ECO' scheme was implemented for two reasons. Firstly, to help the UK meet its challenging carbon footprint reduction targets - helping to save the planet and secondly, to help low income households and some of the countries more vulnerable people.
The how is just as simple. Certain accredited, Gas Safe boiler installers around the country can carry out like-for-like boiler replacements in qualifying homes, free of charge and then claim their costs back from the government.
Qualification for a grant is dependent upon multiple factors but you must always be in receipt of one or more of the below listed means-tested benefits. If you're in receipt of tax credits, then your household income will also come into consideration.
In addition to the above, your property size and age will be taken into account in order to estimate how inefficient the government scheme, would deem it - to save the planet, remember? The boiler itself will also have to be at least, five years old.
Unfortunately, this means that the properties qualifying for the most funding, tend to be older and larger properties (hence why a free boiler for the majority of homes in the country is so unlikely). Similarly, if you currently have an Oil or LPG boiler then you're more than likely to receive full funding for a replacement boiler. Perfect if you're out in the sticks.
Don't think you'll qualify? It's quick and easy to compare quotes for a new boiler on finance.
If you are in receipt of the correct benefits but you don't live in a house that's deemed particuarly inefficient, then you may only qualify for partial funding. This means that you will have to pay a contribution towards the cost of the boiler and it's installation.
The contributions vary depending on your current property and fuel type but below is a rough guide to common contribution amounts for homes with a mains gas supply. Bare in mind that the older the property, the more funding you're likely to receive, due to their perceived lack of efficiency.
|House Type||Bedrooms||Potential Contribution|
|Terraced||2-3||£800 - £1850|
|Bungalow||2-3||£800 - £1850|
|Semi-det||2-3||£500 - £1000|
|Semi-det||3+||£500 - £800|
|Detached||2-3||£400 - £600|
|Detached||4+||£200 - £400|
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