Launched in September this year as part of the Covid-recovery and job creation plan, it was due to end on 31st March 2021 but has now been extended until 2022.
A key reason behind the decision to extend was the issue of homeowners not being able to find installers to complete energy-efficiency work on their homes with such a short deadline, rendering the scheme useless.
How the extension will work for homeowners
Most homeowners will still be able to claim vouchers worth up to £5,000 which is supposed to cover up to two-thirds of the costs. However, if you are in receipt of certain benefits you may be able to claim up to £10,000 in vouchers to cover the entire costs.
Once the vouchers are issued, they will be valid for three months or until 31st March 2022 or whichever one is sooner. Homeowners can apply for an extension if you can provide a valid reason why they couldn't be used in the allocated time-frame.
How many homes will benefit from the Green Home Grants?
It's believed the Green Homes Grant Scheme will help over 600,000 households cut their energy bills, mainly through insulation, draught-proofing, double-glazing and low carbon heating.
The majority of people that take advantage of these grants will only receive funding for part of their energy improvements, but households on low incomes could be eligible to have the full cost of their work covered, up to a value of £10,000.