How Can The Government Boiler Grants Scheme Help Child Tax Creditors?
As a part of the United Kingdom government boiler scheme, if you receive a qualifying benefit and your boiler is more than seven years old, you may be eligible for grant funding towards a brand-new A-rated boiler.
Why was the free boiler scheme launched?
The free boiler scheme was launched in 2013 with the primary goal to reduce the country’s energy consumption and offer grants to low-income households to help them improve the energy efficiency of the homes.
The scheme is a part of the Energy Company Obligation (ECO) and the electricity and gas order, which was authorised in parliament in 2012 and will run until 2022. The leading UK energy suppliers mainly fund the scheme. ECO is made up of a primary obligation: the Home Heating Cost Reduction Obligation (HHCRO), and funding for the free boiler grants is part of this.
What is HHCRO?
The Home Heat Cost Reduction Obligation offers free boiler and insulation grants to private homeowners who receive certain means-tested benefits. It focuses on reducing fuel poverty amongst low-income households by guaranteeing that heat is generated as efficiently as possible and prevents escaping from the home.
What are the eligible benefits that qualify for a free boiler grant?
Eligibility for a government boiler scheme depends on various factors. A permanent resident within the property requires to be in receipt of at least one of various government benefits, including:
- Child Tax Credit
- Child Benefit
- Pension credit
- Job seekers allowance.
How will the government boiler scheme help those in receipt of child tax credits?
If you are a homeowner claiming child tax credit, then yes, you could qualify for funding towards a boiler replacement. To be eligible for the government boiler scheme, you must be receiving child tax creditor one of the other qualifying benefits. However, it is also a requirement that you must meet the following criteria:
- Living in the UK
- The boiler must be 7+ years old
If you meet all the requirements, then you are on a path of significant savings. In some cases, an old boiler could be wasting around a third of every £1 you are spending on heating your home. The efficiency of some boilers, depending on their age, can be down to 65%, so replacing your current boiler grant with a brand new A-rated one can boost the boiler efficiency up to at least 90%, resulting in less energy wastage and big savings.