Homeowners and landlords in London are being offered £400 cashback if they replace their old boilers with new energy efficient models.
The capital’s first £2.6 million Boiler Cashback Scheme’ is expected to help around 6,500 homes become more energy efficient and reduce bills by £340 on average.
Heating homes is said to account for more than half of the average household’s spend on energy bills every year.
Each new boiler replacement through the scheme is also expected to save around 1.5 tonnes of carbon every year – equivalent to the emissions of a return flight from London to San Francisco.
To qualify, boilers must be the main source of heating in the house, in full working order and running at 70% or less efficiency.
Vouchers, which will be provided on a first-come first-served basis, will be valid for 12 weeks and installation work needs to be completed within that time to qualify for the cashback.
Mayor of London Boris Johnson said: “As well as saving hard earned cash, upgrading an old boiler gives the environment a huge boost by lowering carbon emissions and making our air sweeter. I encourage everyone harbouring ancient boiler artefacts to sign up to my Boiler Cashback Scheme now and benefit from a brand new cost effective heating system.”
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