green dealAbout the Loan
The amount an actual householder can borrow is determined by which measures are recommended once a Green Deal Advise Report (GDAR) is completed and all homes have different requirements.
HOW MUCH MONEY CAN I BORROW ON A GREEN DEAL LOAN?
The limit to Green Deal Finance on a domestic property is £10000.
To protect each Homeowner or private tenant the Green Deal ‘Golden Rule’ will always be applied to each loan to make sure that the amount (charge) attached to the property does not exceed the expected savings and the length of the payment period does not exceed the lifetime of the measures installed.
This Golden Rule protects both homeowners and private tenants by making sure that any measures installed, actually save you money and make your home more energy efficient.
|Measure||Maximum life (yrs)|
|Condensing boilers||12||Heating controls||12||Under-floor heating||25||Heat recovery systems||25||Mechanical ventilation (non-domestic)||25||Flue gas recovery devices||25||Cavity wall insulation||25*||Loft insulation||25*||Flat roof insulation||25||Internal wall insulation||25*||External wall insulation||25*||Draught proofing||10||Floor insulation||25||Heating system insulation (cylinder, pipes)||10||Energy efficient glazing and doors||20||Lighting fittings||25||Lighting controls||25||Innovative hot water systems||25||Water efficient taps and showers||25||Ground and air source heat pumps||20||Solar thermal||25||Solar PV||23||Biomass boilers||20||Micro-CHP||25|
|* Capped at 25 years|