By pearladmin
July 14, 2022
If you own a UK property and are considering upgrading your heating system, now is the time to do so. The government has implemented a boiler upgrade scheme encouraging you to opt for low-carbon heating systems.
This blog will explain everything you need to know about the government boiler scheme, from eligibility to make a claim.
The boiler upgrade scheme is part of the UK'S heating and building strategy. The strategy aims to decarbonise homes, commercial, industrial, and public sector buildings by 2050.
The schemes provide grants to help property owners fund the costs and installation of:
Existing low-carbon heating systems cannot be replaced with funding.
The amount claimable depends on the type of low-carbon heating system. Please refer to our table below
Type of low carbon-heating system | Amount claimable |
---|---|
An air-source heat pump | £5,000 off the cost and installation |
A biomass boiler | £5,000 off the cost and installation |
A ground source heat pump | £6,000 off the cost and installation |
The boiler upgrade scheme will be from 2022 to 2025
You can apply if you:
Owners of second homes and private rental properties qualify for this scheme.
Your property is eligible if it's domestic or a non-domestic small property that has:
Need to check your EPC report? Click here
A self-build needs the following to qualify:
Your installer will require confirmation that your home was self-built,
Decided which heating system you want? Great, now let's look at the following steps
Find an MCS-certified installer in your area
The installer will inform you if your installation is eligible for a grant.
You reach an agreement on a price for the installation.
The grant application is made by the installer.
When Ofgem sends you an email, you confirm that the installer is working for you.
The boiler upgrade scheme is an excellent way for property owners to save money whilst supporting the UK'S heating and building strategy.
Pearl Accountants are specialists in accounting for Landlords. We provide various services, such as managing your tax and filing your annual accounts, helping you stay on top. Contact us today!
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