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Boiler Scrappage Scheme:
A boiler scrappage scheme giving households a £400 incentive to install a new heating system, which can potentially be doubled to £800, is launched today.
An estimated 125,000 households with G-rated boilers will be able to get a £400 voucher from the Government towards having a new boiler installed.
But this will exclude many more than can actually qualify, as there are 3.5m households with G-Rated boilers in England.
Already energy giants British Gas and Npower have said that they will match the payment, giving households £800 off the cost of a new boiler.
The vouchers from the Energy Saving Trust will be issued from 18 January, earlier than had been predicted after the announcement of the scheme in December's Pre-Budget Report.
Who can take part?
Compared to the popular car scrappage scheme the number of people who can benefit from the payments is limited.
Only those with the least efficient G-rated boilers will qualify for the scheme. These will typically be at least 15 years old and must be replaced with the most energy efficient A-rated new boilers.
How will it work?
You will then need a full written quote for the work from a qualified gas installer; the average price to replace a boiler starts from £1400 up to £2500.
Provide the Energy Saving Trust with details of your old boiler and the installers details along with the new boiler details. The EST will want proof the installer has visited your home and given a proper quote for the work.
Once everything is in place, a voucher worth £400 can be issued from 18 January. Once the work has been done you should get a £400 rebate within 25 working days after the EST gets the invoice and the voucher
Why replace your boiler?
The Government claims the £50m scheme will save as much carbon as taking 45,000 cars off the roads and will also cut a household's energy bill by up to £235 a year.
For households that need a boiler replacing this provides a good money-off incentive. The Government will give you £400 and energy giants installation arms may match this providing an £800 saving.
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