Grant News

The UK Government has launched a new £20 million fund to boost the choice of affordable green finance products for homeowners to retrofit homes and help them reduce energy consumption.

The Green Home Finance Accelerator will provide funding to support banks, building societies and other UK finance providers to develop, test, and pilot a range of innovative green finance products which offer upfront and affordable capital to help homeowners overcome the up-front cost of the retrofit.

The competition will be delivered across two phases:

• the Discovery Phase which will award grants of up to £200,000,
• and the Pilot Phase which will award grants of between £200,000 and £2 million.

Consortiums of different partners (for example a lender and an energy efficiency supplier, installer or advice provider) are encouraged to apply.

The deadline for Discovery Phase applications is 12pm on the 14th December 2022.