Four government schemes households may not know about

Britons are being informed of some of the little-known funding schemes offered by the government to help with crippling household bills.

Savings experts at Tiger.co.uk are sharing some of the schemes that households may not be aware of which could save them thousands.

With the energy price cap rising by 6.4% at the start of this month and many families facing increased financial strain, these support options could provide much needed relief.

If households are within 500 meters of new pylons or an area where pylon maintenance is underway, they may be entitled to a discount of up to £2,500.

Electricity suppliers are required to apply this discount to those within the specified radius, as part of the government’s plan to support clean energy and infrastructure upgrades ahead of its 2030 clean power target.*

Other schemes such as the Boiler Upgrade Scheme and the Energy Company Obligation (ECO4) offer households grants to improve the energy efficiency of their homes through upgrades like new boilers, insulation, and double glazing.

Ian Wilson, Managing Director and home insurance expert at Tiger.co.uk said: “The increase in the energy price cap this month has piled added pressure on already struggling families across the UK when it comes to household bills.

“Government schemes could help people save much needed funds, but a lot of these opportunities often go under the radar. So it is vitally important that Brits are aware of the support available to them.

“These grants include energy efficiency upgrades, discounts for those living near new pylons, or even council tax reductions.

“It’s important to note that if the funds are used to carry out improvements to homes, the work must be done by registered and qualified tradespeople, or else risk invalidating the owners home insurance policy, leaving them unprotected.”