Net Zero target

With 2050 having been set as the Net Zero target for the UK there are now numerous ways for people/organisations to access funding for energy-saving measures in their homes/businesses which will help contribute to this national goal.

The most relevant to Go Geothermal’s business is the Boiler Upgrade Scheme.

This provides people/organisations with a grant to cover part of the cost of replacing fossil fuel heating systems such as oil, gas or electric, with a heat pump.

Currently, £7,500 is available towards an air source heat pump or ground source heat pump (including water source heat pumps and those on shared ground loops).

The grants for heat pumps went up in October 2023 and the vast majority of the population in England and Wales (Scotland and Norther Ireland have similar but separate grant schemes) are eligible.

All you need to do is contact MCS certified installer to get quotes for the work, confirm you are eligible (your installer will tell you or you can check here – – and the installer will apply on your behalf on the Ofgem website. The value of the grant will be taken off the amount you pay for installation.

There are also other ways in which people/organisations can make their homes/businesses more energy efficient and for which other grants are also available if you meet the criteria, namely:

Energy Company Obligation (ECO) – you may get help with the cost of insulation work, for example to your loft or cavity walls, or replacing/repairing your boiler.
Great British Insulation Scheme (GBIS) – offers upgrades such as roof, loft, or cavity wall insulation on less energy efficient homes.
Home Upgrade Grant (HUG) – grants cover part or all the cost of the installation of loft insulation, underfloor insulation, wall insulation, solar voltaic or low carbon technologies.
Local Authority Delivery (LAD) Scheme – £500 million of funding has been allocated to local authorities to raise the energy efficient of low income and low energy performance homes.
Social Housing Decarbonisation Fund (SHDF) – enables housing associations to access funding to upgrade homes which are currently below Energy Performance Certificate (EPC) Band C.
For more information on all energy efficient grant funding schemes visit TrustMark.