DECC closes Green Deal Home Improvement Fund
The government has closed the Green Deal Home Improvement Fund after a surge in demand exhausted the allocated budget. The £120m fund, available to householders in England and Wales, was set up to offer people money back for making energy efficiency improvements to their homes. It has now closed less than six weeks after it opened for applications. Earlier this week ministers announced that they were lowering cashback levels available under the scheme due to its popularity. Around £43m of funding was allocated in the first six weeks and over £50m has been applied for. The Department of Energy and Climate Change (DECC) said that 12,200 applications have been received and 7925 households have received vouchers under the scheme. Last night DECC issued a statement to say that the fund was closed…