Government Funding for Energy Efficient Windows | Glaze & Save
There are many funding options available from the Scottish Government to
assist homeowners, private
landlords and SMEs with the costs of making energy efficient improvements to
their properties. We often get asked
about these, and are always happy to help our customers navigate the maze of
funding options and application process. So without further ado, here is our
2018 round up of Scottish Government funding available for energy efficiency
measures, including secondary glazing.
H omeowners
Home Energy Scotland Loan
The Home Energy Scotland Loan is an interest free loan administered by the Energy Saving Trust that helps homeowners make energy and money saving improvements to their home.
All homeowners are eligible to apply, subject to a credit check. Funding is available for a range of energy efficiency improvements, including up to £4,500 for glazing and £500 for draught proofing.
To request an application form please speak to Home Energy Scotland free on 0808 808 2282.
HEEPS Equity Loan Scheme
Homeowners living in Perth & Kinross, Glasgow or Argyll & Bute council areas may be eligible for the HEEPS Equity Loan Scheme which is currently operating as a pilot scheme in these areas.
The HEEPS Equity Loan Scheme lets you borrow money against the value of your property with no ongoing repayments: you pay back what you’ve borrowed when you sell the property or when the last applicant dies.
You can use the loan for energy efficiency, renewable and repairs work. At least 55% of the costs of the work must be for energy efficiency improvements, and can include things like secondary glazing.
The most you can borrow is £40,000 - but you can't borrow more than 50% of your property's market value. You must also retain a minimum of 30% equity in your property.
To request an application form please speak to Home Energy Scotland free on 0808 808 2282.
Landlords
Home Energy Scotland Loan
The Home Energy Scotland Loan is also available to landlords, with some conditions. Landlords are able to apply for up to 3 properties which must be currently occupied by one or more tenants or have one or more tenants in place within 30 days of the loan having been paid.
The loan is only available to landlords who operate as “natural persons”. Businesses that own and rent domestic properties such as limited companies, charities, sole traders and partnerships are not eligible for funding under this scheme.
HEEPS Equity Loan Scheme
Certain private landlords are also eligible for the HEEPS Equity Loan Scheme pilot.
Private landlords with no more than two properties to rent that are in Council Tax bands A - C, or whose tenants receive qualifying benefits are eligible for the scheme. A landlord must be classed as a 'natural person' and cannot own more than two properties.
SMEs
Resource Efficient Scotland SME Loan
The SME Loan provides unsecured, interest free loansfrom £1,000 up to £100,000 for the installation of energy efficient measures such as lighting and heating upgrades, secondary glazing, insulation and more.
There is also a cashback element of 30% (up to a value of £10,000) for applicants.
Businesses, non-profit organisations and charities are all eligible for the fund. However, private landlords are not eligible.
Contact Resource Efficient Scotland on 0808 808 2268 for more information.
Information correct as of May 2018
