Interest Free Loans
What is the Green Homes Wales scheme?
Green Homes Wales is a Welsh Government initiative, managed by the Development Bank of Wales, designed to support eligible homeowners in making energy efficient improvements to their homes. The Scheme offers both interest free financing and fully funded expert support, helping you save money on energy bills and reduce carbon emissions.
We offer comprehensive support to help you make your home more energy-efficient, including:
- Expert guidance:
- Fully funded access to a Retrofit Coordinator to create a detailed home assessment providing energy-efficiency and decarbonisation recommendations tailored to your individual circumstances.
- Flexible financing:
- Interest free loans ranging from £1,000 to £25,000 with repayment terms up to 10 years. For larger projects, terms may be extended.
- Enjoy a 6-month upfront repayment holiday while your new energy efficiency measures begin delivering results.
- Grant funding:
- Access to grant funding alongside loans for specific energy efficiency measures, reducing your out-of-pocket expenses.
Please note: all applications will be subject to affordability and credit score checks.
Applications for the scheme will be open in the autumn on a first come first serve basis subject to funding availability. If you would like to be notified once the applications are live register your interest below.
Register Here
Check if you’re eligible
You’re eligible for a loan if all the following are true. You must:
- To qualify for the scheme your house must be located in Wales, owned by you and must be your primary residence.
- Landlords cannot currently apply to this scheme.
- All applications will be subject to affordability and credit score checks.
A scheme you can trust
For quality assurance, Green Homes Wales embeds the requirement for PAS 2035 compliance across its structure and conditions of third parties that are engaged with it, including Retrofit Coordinators and installers.
PAS 2035 is the overarching UK retrofit standards framework. It details how to carry out quality energy retrofits of existing domestic buildings, alongside best practice guidance for implementing energy efficiency measures. As a government backed standard, PAS 2035 provides a thorough approach to ensuring quality and assurance to all retrofit work undertaken.
Projects supported?
Heating
- Air Source Heat Pump
- Ground /Water Source Heat Pump
- High heat retention storage heaters
- Biomass boiler or biomass stove
Generation
- Solar Thermal
- Solar PV
- Solar PV with solar diverter or Solar PVT
- Solar PV with battery storage
Fabric
- Solid Wall Insulation
- Flat roof or room in roof insulation (from 0mm)
- Loft insulation (virgin loft)
- Loft insulation (top-up)
- Cavity Wall Insulation
- High performance glazing
- Draught proofing
Controls
- Heating controls and smart home energy management systems