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Green Deal

  • Scheme to make money available to increase energy efficiency of homes
  • No upfront costs, money collected through energy bills
  • Savings must be greater than cost
  • Primary focus will be on insulation
  • Contract with the property not the homeowner

The Government is planning to allow private firms to offer consumers energy efficiency improvements to their homes, at no upfront cost, and recoup payments through a charge in instalments on the energy bill.

Consumer:

Currently the focus is on insulation. Other energy saving measures are being considered.

It is scheduled to start in 2012, with large high street retailers such as Marks and Spencers, B&Q and Tesco taking part.

Householders will be able to have insulation fitted at no cost, but a charge will be paid back through their energy bills.

The Golden Rule is that the total costs of the work must not be higher than the savings, so householders will not see higher bills.

If you move house the costs will remain with the property and be passed on to the new house owner.

Installers:

The schemes will be run through official Green Deal licensed businesses. Proposals on how it will be rolled out are yet to be finalised.

For a more in-depth look please click here

 

 

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For more Information:

http://www.decc.gov.uk/en/content/cms/tackling/green_deal/green_deal.aspx

http://www.energysavingtrust.org.uk/Home-improvements-and-products/Green-Deal

PAS 2030 - Installer Registration Proposal