HEEPS loan scheme now open for applications
Loans of between £30,000 and £1 million are available to housing associations and housing co-operatives to install energy savings improvements with the aim of progressing properties towards the required Energy Efficiency Standard for Social Housing (EESSH).
The loan can also be used to cover activities related to, or required in advance of, the installation of energy efficiency improvements (such as repairs to roofs in advance of the installation of loft insulation).
Applicants should ensure their installers are selected through a compliant procurement process and are Green Deal certified for the measure being installed. In the case of renewables the installer should be Microgeneration Certification Scheme (MCS) certified and the product is MCS or Solar-Keymark certified.
Applicants should also ensure that all improvements installed comply with the relevant industry standards and are covered by appropriate guarantees. All wall insulation improvements must be covered by an appropriate OFGEM-listed guarantee.
Registered Social Landlords should ensure that work is inspected by an independent, qualified Clerk of Works. For more complex measures such as external wall insulation it is recommended that at least 50% of works are inspected and records are kept.
Loans are interest free and repayable over up to 10 years. Successful loans will be subject to an administrative fee.
Applications must be submitted by 31st July 2018 and will be reviewed on a first come, first served basis subject to available funding. Successful applicants must complete work and claim their funds by 28th February 2019.