The Greater London Authority, in partnership with the Energy Saving Trust, has introduced a new cash-back scheme which offers homeowners living in London £400 cash-back* for replacing an inefficient boiler with a newer, cleaner model. In addition to this, Worcester is supporting this scheme by offering an additional £100 cash-back* to qualifying homeowners who replace their old boiler with a new Greenstar gas-fired boiler.
You are eligible for this scheme if:
The boiler being replaced must have an efficiency rating of 70% or less and use gas, oil, LPG or solid fuel. These boilers will typically be over 15 years old and must be in working order and the main boiler used to heat the home.
An old boiler is likely to be 70% efficient or less if:
The property receiving the new boiler must be located in London (ie. one of the 33 London boroughs) and the installation must be undertaken by a Gas Safe registered installer.
The new boiler must be a gas boiler with an efficiency of 90% or more.
The aim of the London Boiler Cashback Scheme is to reduce London’s emissions. Homes in London account for roughly 36% of current emissions and so significant carbon savings can be made by replacing inefficient old boilers with modern, high efficiency models.
The scheme will result in estimated annual savings of 9,750 tonnes of carbon dioxide and is expected to reduce annual energy bills by around £340 per participating household – equating to a reduction of over £2.2m from Londoner’s energy bills.
To qualify for your £500 cash-back, all you need to do is follow these simple steps: