The latest Home Renovation Incentive scheme statistics show the scheme continues to boost trade for hardware retailers and merchants with figures since the scheme started topping over €566 million (as at 15th September) with those taking up the scheme spending an average of €15,502, mainly on home extensions and general repairs and renovations.
Annemarie Harte, Chief Executive of Hardware Association Ireland commented:
“We called on Government to extend the scheme by 24 months until the end of 2017 to allow greater penetration into rural areas as the majority of works, almost 70%, are being carried out in Dublin and surrounding counties. We’re disappointed that we didn’t get the full 24 months, however another 12 months of the scheme will support both consumers and our retailers and merchants, and indeed our whole supply chain. We believe this will allow the rest of the country to catch up and benefit from this incentive, and continue to boost our sector so badly affected by the downturn and construction crash.”