Panasonic’s Cashback Schemes to Continue Despite Government U-turn on Green Homes Grant

31/03/2021

Despite the UK Government’s shock announcement of the early closure of the Green Homes Grant at the end of this month, Panasonic Heating & Cooling has confirmed that its Green Homes and Green Install Cashback schemes will continue to provide support for Panasonic air source heat pump installations until 30th June 2021.








Jose Alves, UK Country Manager for Panasonic commented, “Panasonic had welcomed the UK Government’s scheme to help the sector and to help reach its net zero targets. We therefore have no hesitation in continuing with both our Green Cashback schemes to help both installers and homeowners to make the switch to renewable air source heat pumps, in a bid to help homeowners to decarbonise their homes and become more energy efficient.

As the road to recovery begins, manufacturers, such as Panasonic, are stepping up to the challenge to meet the net zero emission targets by 2050. For example, Panasonic is increasing its offering of sustainable energy solutions as well as increasing online training availability for installers by offering specific and accredited training courses to help installers become more efficient and knowledgeable in correctly installing renewable air-to-water heat pumps.

Tony Lathey, Air-to-Water Product Specialist for Panasonic further added, “The scheme was an upfront grant to help towards the initial cost of a heat pump, with the full potential grant available from the domestic RHI. The good news is the domestic RHI grant is still available for end users until 31st March 2022, installing a Panasonic Aquarea Heat Pump can provide a grant of over £12,200[1] paid over of seven years.”

Homeowners will also still be able to claim upto £600* cashback on Panasonic Aquarea Heat Pump installations with their Green Homes Cashback scheme, plus heat pump installers will also still be eligible for £800* cashback on completion of five installs with their Green Install Cashback scheme until 30th June 2021 (*terms and conditions apply).

Panasonic’s Aquarea range of air-to-water heat pumps is among the widest on the market, with systems available to suit all sizes of property and capacity requirements.

The recent UK Government announcement mentions that “the £300m previously allocated for the Government’s Green Homes Grant will now go into a programme administered by local authorities, targeted at lower income households. The new scheme will be delivered through the Green Homes Grant Local Authority Delivery Scheme and Social Housing Decarbonisation Fund Demonstrator, this will include green home improvements such as deep insulation, heat pumps and solar panels, helping cut over 70,000 tonnes of carbon from the atmosphere each year[2].”

Through the Prime Minister’s Ten Point Plan for a Green Revolution, the Government still plans to deploy 600,000 heat pumps a year by 2028, and to get as many homes as possible to Energy Performance Certificate Band C by 2035.

For more information on the Panasonic range of renewable energy efficient heat pump solutions and the Green cashback schemes, please visit – https://www.aircon.panasonic.eu/GB_en/air-source-heat-pumps/.

 


[1] *Deemed 20,000 kWh of heating stated on EPC, WH-MXC09H3E5 Panasonic Heat Pump MCS SCoP 4.99 @ 350C, tariff rate 10.92p/kWh.

 

[2] https://www.gov.uk/government/news/government-boosts-energy-efficiency-spending-to-13-billion-with-extra-funding-for-green-homes