Scrapping your old boiler gives £400
Due to a boiler scrappage scheme, 125,000 households can get £400 bounty on the head of their old boiler.
The people can get £400 boost when they replace their old boiler with an energy-efficient new model. It will benefit 125,000 households. This was told by Chancellor Alistair Darling in his Pre-Budget report. It is this new scheme which is intended to cut bills and improve the UK’s carbon emissions as due to the estimates, it was told that older, less energy-efficient boilers cost households £200 a year in extra energy consumption.
It is also said by the Chancellor that person using green technologies, such as solar panels, to generate power, will be able to sell any surplus back to the national grid tax-free.
One of the industry expert says that there will be a rush to get approved for this scheme – so it will be interesting to see the eligibility criteria.
It is also said that £1,500-£2,000 are required for the installation of new boilers, on an average. The fact that is also quoted is that with the advent of £400 scrappage bounty, many households can scrap their old boiler which brings a possibility for many hard-pushed households now.
But if you are not among the lucky one’ s, then some steps can be taken to improve energy efficiency of the home, which ensures person is on the cheapest energy deal. Therefore, it helps in cutting the bills and if the boiler is few years older, then boiler cover is a good option to choose.
Tags: compare energy
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