Friday 21 December 2012

Green Deal reports get a step closer

Green Deal Reports — December 21st 2012

The Government's flagship energy efficiency home improvement scheme, the Green Deal, is on its last push before the scheme comes into force on January 28th 2012...... Read More

Friday 14 December 2012

Green Deal gets new marketing plan to raise public awareness

Green Deal Plan — December 14th 2012

In the hope to raise more public awareness of the Green Deal the DECC has been allowed an exemption from the Government's marketing freeze. The Green Deal set to Launch January 28 2013 is aimed at making properties more energy efficient......Read More

Friday 16 November 2012

Buildings energy efficiency funding comes into force

Green Deal Reports — November 16th 2012

As of the begining of October the legal framework for the Green Deal came into force.

The Energy Act 2011 introduced the Green Deal to help fund energy efficiency improvements to existing buildings. It will enable accredited retailers to supply, without any upfront cost, quality assured services to homeowners and businesses looking to improve the energy efficiency of their property....read more

Thursday 8 November 2012

The Green Deal will help to get us out of fuel poverty

Green Deal Reports — November 8th 2012

You may find that paying your energy bills each month is a bit of a struggle and you are looking at joining in with the Green Deal scheme. In that case you could find that this is all the evidence needed to get you started....read more

Wednesday 17 October 2012

Green Deal Reports to help save money

Green Assess - Green Deal Reports — October 17 2012

The Green Deal has arrived and is finally underway! Here's a summary of what this actually means: From late January 2013, it can be arranged for Green Deal reports to be carried out on your property. If the Green Deal advice you recieve suggests you require some energy efficiency improvements the Green Deal Advisor will do the hard work for you and begin your plan.....Read more

Tuesday 2 October 2012

Green Deal signals green light

Legal Framework for the Green Deal is now in place. The green light now signals to the industry that the market can get started.

This now means that Green Deal providers, assessors and installers can start to become authorised, display the Green Deal Quality Mark and put in place their systems for delivering assessments to consumers, however, the Green Deal Finance plan won’t be available for consumers untill 28th January 2013.

The Green Deal will remove the biggest barriers to demand for energy efficiency solutions, opening up the market for more participants and giving people more choice.

From Late January Green Deal providers will be able to offer Green Deal plans to consumers and begin delivering energy efficiency and heating measures.

The Green Deal will empower consumers by giving them new ways of funding home improvements, and empower businesses by enabling them to compete for energy efficiency opportunities in new and innovative ways. It will boost the low carbon economy by supporting up to 60,000 jobs in the insulation sector alone by 2015, up from around 26,000 today.

The Green Deal could see homes and businesses save enough energy to power one million homes by 2020.

Monday 1 October 2012

Co-ops awarded £250,000 to test Governement Green Deal

October 1st 2012

In Manchester two Green co-ops are taking a community approach to the new Government incentive to help residents reduce their carbon emissions.

Carbon Co-op, and urban design co-op, URBED, On 27 September launched their Community Green Deal project at Manchester Town Hall.

This unique project will act as a test for the Governments Green Deal programme that is set to launch January next year.

Working in association with Great Manchester Authority, Carbon Co-op have received £250,000 of funding from DECC for their pilot programme.

The aim of the Green Deal is to give people the opportunity to make home improvements to reduce carbon emissions without spending money. The capital for the improvements will be provided by: banks, energy suppliers and retailers, who will then get the money back through the resident’s energy bills.

Therefore, a Golden Rule applies, where estimated savings on bills must always equal or exceed the cost of the work.

The improvements will be done to improve the carbon footprint of old houses through better insulation, double glazing and other energy saving methods.

This Community Green Deal project is a pilot and therefore does not fall under the forthcoming Green Dea’ programme with its associated protections and warranties, all measures are Green Deal–like, simulating how the eventual scheme will operate.

Accross Greater Manchester Carbon Co-op will preform assessments on 20 houses. From there they will choose eight to retrofit, based on different criteria such as age, space and resident’s expectations. URBED will be designing and installing the retrofit.

Carbon Co-op member Jonathan Atkinson explained: “We are testing the idea that there are lots of people in Greater Manchester who want a share in this process and that a mutually owned approach will be an effective mechanism to deal with fuel poverty and climate change.”

“This pilot project is new territory but we’re confident of our service and look forward to proving our case.”

Due to their co-operative and community nature, they are taking the assessments further than the government standard, focusing on people’s needs such as comfort, air quality and green interests.
Carbon Co-op and URBED have worked together on similar retrofitting projects in the past and discovered the varying reasons people want to change their houses.

As the Golden Rule prevents the cost of the work exceeding the bills, people who are under heating their homes are unlikely to gain as much from the project. The pilot scheme aimed to explore these issues.

Charlie Baker, a member of URBED, previously retrofitted his own home to see if it was possible to reach the Government target of 80 per cent reduction in carbon emissions by 2050. Spending just under £50,000, he managed to reduce his footprint by 84 percent.

He explained that by working with a community-based organisation like Carbon Co-op they are able to make bigger differences across neighbourhoods and reach more people in the local community.
Under the Community Green Deal householders will be able to take part and get the option to access zero percent interest loans to do the retrofit.

The Department of Energy and Climate Change has invested £3 million into the area, and it will involve 700 homes in total.

Counter the cost of fuel prices and ensure your home is insulated today!

Green Assess - Green Deal Reports — October 1st 2012

At last, the Green Deal is launched today. Meaning "every homeowner in Britain will be elligible to upgrade their homes energy efficiency at no upfront cost". Unable to afford these expensive upgrades? tired of the constant rise in fuel prices? Dont worry, Green Deal Reports can help.

There is now a fund set up for firms to borrow money from, this means that energy efficiency improvements can be made to all homes in Britain. Green Deal Reports will highlight the cost for the improvements which can then be reclaimed via the savings that you make.

Local authorities urged to play their part in the Green Deal and ECO

Department of Energy and Climate Change— October 1st 2012

Two green co-ops in Manchester, are taking a community approach to a new Government incentive to help residents reduce their carbon emissions.

Community based green organisation, Carbon Co-op, and urban design co-op, URBED, launched their Community Green Deal project on 27 September at Manchester Town Hall.

The project will act as a test for the nationwide Green Deal programme created by the Government that will be fully launched next year. It is unique, in that is being run by two co-operatives.

Carbon Co-op have received £250,000 of funding from DECC for their pilot programme, working in association with the Greater Manchester Authority.

The aim of the Green Deal is to give people the opportunity to make home improvements to reduce carbon emissions without spending money. The capital for the improvements will be provided by: banks, energy suppliers and retailers, who will then get the money back through the resident´s energy bills.

Therefore, a Golden Rule applies, where estimated savings on bills must always equal or exceed the cost of the work.

The improvements would be done in the form of retrofitting, which is a term for improving the carbon footprint of old houses through better insulation, double glazing and other energy saving methods.

Friday 27 July 2012

Local authorities urged to play their part in the Green Deal and ECO

businessgreen — July 27th 2012

DECC launches guide to help local councils draw up plans to promote greater energy efficiency.
Local authorities will be expected to draw up plans to boost energy efficiency in their areas, under government proposals designed to help ensure the success of its forthcoming Green Deal scheme.

The Department of Energy and Climate Change (DECC) yesterday issued new guidance for local councils in England to help them improve the energy efficiency of their housing stock.

The government hopes local authorities will plan a key role in ensuring the widespread take-up of the Green Deal energy efficiency loan scheme and ECO scheme, which places a requirement on energy companies to help people in fuel poverty to install measures such as insulation.

Under the Home Energy Conservation Act, councilors are required to publish a report on their plans to achieve improved energy efficiency by 31 March 2013. But the guidance also asks councils to consider how other organisations such as social housing providers could play a part in the plans.

Minister visits energy efficiency makeover estate

24dash — July 27th 2012

A Government Minister has visited a Milton Keynes housing estate to see first hand how energy efficiency measure are transforming the lives of local residents.

Energy and Climate Change Minister Greg Barker met tenants from The Lakes Estate this week - where nearly 50 council-owned homes are undergoing refurbishment as part of a £7.7m project to make them warmer and greener.

The work, which includes installing double glazing, external wall insulation and new cladding, replacing boilers and installing new warm flat roofs, is being carried out by Apollo, part of the housing and regeneration company Keepmoat, on behalf of Milton Keynes Council.

Barry Clay, Contracts Manager for Keepmoat, said: "Energy Efficiency is high on the agenda right now and Keepmoat are highly experienced at providing this type regeneration work.

Wednesday 25 July 2012

The Green Deal receives House of Lords approval

homeheatingguide.co.uk — July 25th 2012

By approving the framework underpinning the Green Deal another milestone has been passed leaving the Government's revolutionary home insulation retrofit scheme on track for its October launch.

In a statement DECC said "in our consultation response, we confirmed Governments intention to introduce the Green Deal through supporting a responsible and controlled approach with full national systems testing, this is to ensure the market has the opportunity to build steadily.

From 8th August the Green Deal Oversight and registration Body will begin registering assessors, providers and installers. Ahead of the opening Register of Green Deal Participants, we will publish the Green Deal Provider Authorisation Guidance - essential reading for potential Green Deal providers on what they need to do to become established and authorised in the role."

The statement went on to reveal that authorised and accredited assessors will be able to start operating from October, so that by the end of January 2013 - when the relevant parts of the framework regulations are set to come into effect - consumers wanting to take up the scheme will be in a position to complete a Green Deal Plan.

Wednesday 25 April 2012

Foreign Secretary on Climate Change

DECC — April 25th 2012

Under this Coalition government, the Foreign Office has a renewed sense of mission. It is a mission to promote Britain's national interest, while tirelessly working for a world which is more secure, more stable, more free and more prosperous.

In no area is this more relevant than the fight against climate change. Today ministers from more than 20 countries will meet in London with the goal of speeding up global progress on clean energy. I am in no doubt that we must meet this challenge, not only to safeguard the sustainability of our planet and the security of our energy, but also to ensure we are at the front of the queue when it comes to the jobs and industries of the future.

We are at the start of a global shift from a high- to a low-carbon economy. The shift will be driven by those countries that transform their own economies so as to better compete in rapidly expanding global markets.

Foreign Secretary on Climate Change

DECC — April 25th 2012

Under this Coalition government, the Foreign Office has a renewed sense of mission. It is a mission to promote Britain's national interest, while tirelessly working for a world which is more secure, more stable, more free and more prosperous.

In no area is this more relevant than the fight against climate change. Today ministers from more than 20 countries will meet in London with the goal of speeding up global progress on clean energy. I am in no doubt that we must meet this challenge, not only to safeguard the sustainability of our planet and the security of our energy, but also to ensure we are at the front of the queue when it comes to the jobs and industries of the future.

We are at the start of a global shift from a high- to a low-carbon economy. The shift will be driven by those countries that transform their own economies so as to better compete in rapidly expanding global markets.

Monday 23 April 2012

Davey to Host International Clean Energy Talks

DECC— April 23rd 2012

Floating wind turbines are to be the initial focus of a new agreement between Britain and the United States this week as internation talks convene in London to accelerate the deployment of clean energy technologies.

Energy Ministers from 23 of the world's largest economies will gather in London on Wednesday and Thursday to discuss accelerating the transition to clean energy technologies.

The Clean Energy Ministerial will be co-chaired by UK Energy Secretary Edward Davey and US Energy Secretary Steven Chu.

Alongside the talks, Ed Davey will sign a number of bilateral agreements with counterparts from other governments to work in collaboration over the coming years.

Wednesday 11 April 2012

Deputy Prime Minister Unveils More Help for Poorest Under Government Home Improvement Scheme

DECC — April 11th 2012

The Deputy Prime Minister has announced that at least £540 million of the government's home energy efficiency programme - worth £1.3bn per year - will be targeted at helping the poorest.

In a speech to a leading environment and industry figures in London, Nick Clegge reveaed the support will protect the poorest and most vulnerable in society, including people in depriced areas, from rising energy bills by upgrading their homes so that they are cheaper to heat for good.

The Green Deal is the government's plan to upgrade the nation's hardest to heat homes at no upfront cost. Where the cost of the work outweighs the saving, or people need extra financial help, energy companies will be able to step in to top up the loan under the Energy Company Obligation.

Thursday 29 March 2012

CO2 emissions at lowest level in 40 years

ft.com — March 29th 2012

UK emissions of carbon dioxide, the main greenhouse gas, have plunged to their lowest levels since records began more than 40 years ago, according to the energy and climate change department.

One of the biggest reasons for the fall to just 456m tonnes last year was greater use of nuclear power, according to the data - released on the same day two German companies announced they were dropping plans to build reactors in the UK.

A warmer winter in 2011, especially compared with the great freeze of 2010, was another important factor.

A department spokesman confirmed last years level was the lowest since DECCs carbon emission records started in 1970, at a time when heavy manufacturing plants were much more dominant in Britains industrial landscape and belched out 685m tonnes of carbon.

Wednesday 28 March 2012

Fuel poverty is rising in social housing and needs to be addressed

24dash — March 28th 2012

The Government has put restrictions on social landlords access to Energy Company Obligation funding - which will top up Green Deal finance.

But fuel poverty is rising is social housing and is a significant issue that needs to be addressed, warns an industry expert.

Energy efficiency certificate changes for landlords

Peterborough today — March 28th 2012

Landlords are being reminded about changes to Energy Performance Certificates (EPC) which will affect rental properties in the UK.

An EPC gives information on the energy efficiency and environmental impact of a property, and is mandatory for all private-rented sector homes.

From April 6, 2012, landlords and lettings agents will have just seven days to produce an EPC after they have started to market the property to new tenants, rather than 28 days which was previously expected.

The full EPC report must now be provided to prospective tenants, rather than just the graph showing energy efficiency.

David Salusbury, chairman, National Landlords Association, said: "EPCs give tenants vital information about the energy efficiency of their property and also contain an estimate of their utility bills."

"They also help landlords make informed decisions about how to upgrade the energy efficiency of their properties by recommending improvements."

Tuesday 20 March 2012

Green Deal boost for small businesses

DECC — March 22nd 2012

In a keynote speech on 20th March at the annual ecobuild conference in London, Climate Change minister Greg Barker announced the coalition is to cut more red tape to allow small businesses in to the Green Deal market.

The Green Deal is the governments plan to improve the nations draughty homes at no up front cost to the consumer. It will be launched later this year.

Greg Barker said:

"I want to see a thriving Green Deal market which means we must make it as easy, as cheap and as straight forward as possible for businesses of any size to get involved. So i have cut the red tape to help promote a competitive market and reduce costs which will not help small businesses in particular but will also make the Green Deal a better deal for consumers."

In his speech Greg Barker also announced;

"Removal of the requirement to hold a surety bond in case of insolvency, Feedback from the consultation indicated having such a bond would be very costly, especially for smaller Green Deal providers and would act as a disincentive to join the market. Instead requirements will now be included within the Green Deal Framework Regulations and Green Deal Arrangements Agreement to ensure that a Green Deal providers ongoing obligations are fulfilled by the person who is entitled to the payments under a Green Deal Plan.

Monday 12 March 2012

New Bristol Biomass Plant to benefit local community

DECC — March 12th 2012

Permission was granted today for a new 150MW dedicated biomass power stationer at Royal Portbury Dock in the Port of Bristol, North Somerset

The consent allows E.ON Climate and Renewables to construct a plant which could provide enough electricity to power up to 160,000 homes. The new plant will create up to 325 temporary jobs during construction, 35 full time jobs during operations and a further 20 contract personnel during routine and annual maintenance.

The plant will be fuelled mainly by imported virgin wood, dedicated energy crops and locally sourced waste wood.

E.ON will also set up a Community Investment Fund, which will contribute to £50,000 per annum for every year that the plant is operating, to support charitable and/or educational community projects. £75,000 will also be allocated to trial green buses and improve cycle routes in the local area.

Thursday 8 March 2012

Green Deal gets £3.5million cash injection

DECC — March 8th 2012

The Department of Energy and Climate Change (DECC) has announced that it will provide £3.5million worth of funding to help train energy assessors and installers to participate in the upcoming Green Deal.

The Green Deal is the coalition Governments flagship environmental policy that holds lofty ambition of transforming the UK's property stock from draughty, inefficient buildings into more energy-efficient properties.

A quarter of the UK's carbon emissions are a direct result of domestic energy consumption, with a similar amount attributed commercial energy consumption. Government estimate that the Green Deal will support 65,000 jobs by 2015 and significantly reduce the Uks emissions and energy consumption.

Tuesday 14 February 2012

Ed Davey throws weight behind green energy by opening giant UK windfarm

guardian — February 14th 2012

The new energy secretary, Lib Dem MP Ed Davey, will face down the growing army of renewable power critics inside the coalition by making his first major outing a visit to a wind project.

He will open the world's biggest offshore windfarm on Thursday - the £1.2bn Walney Scheme, off Cumbria, with more than 100 turbines generating enough power for 320,000 homes.

Davey Said: "Britain has a lot to be proud of in our growing offshore wind sector. Our island's tremendous natural resource, our research base and a proud history of engineering make this the no 1 destination for investment in offshore wind.

"And Walney is the newest, biggest and fastest-built jewel in that crown, providing clean power for hundreds of thousands of homes"

Thursday 9 February 2012

Ed Davey launches Energy Efficiency Deployment Office

DECC — February 9th 2012

New Energy and Climate Secretary Ed Davey officially launched the Energy Efficiency Deployment Office (EEDO), a dedicated team within the Department of Energy and Climate Change (DECC), at the John Lewis Partnership's Peter Jones store in Sloane Square, London, yesterday.

EEDO has been set up to drive forward energy efficiency policy and make it more relevant to people's ever day lives. It will help to deliver the Green Deal, alongside other energy saving policies.
Addressing business leaders at the launch Mr. Davey began by saying: "I'm hugely enthusiastic about energy efficiency. It's the cheapest way of cutting carbon - and cutting bills for consumers. It has to be at the heart of what we do. That's why the Energy Efficiency Deployment Office was set up."

"EEDO will be a centre of expertise, challenging our work and making energy efficiency real and relevant to peoples everyday lives".

He pointed out that two out of three consumers think their home is wasting energy. More than a third of consumers are not aware that energy suppliers offer cheap insulation.

Monday 6 February 2012

Going for growth means going for green

Department of Energy and Climate Change — February 6th 2012

Deputy Prime Minister and new Energy and Climate Change Secretary to visit green homes testing site.

Offshore wind industry to commit to a vision that more than 50% of supply chain content should come from UK firms.

Community energy efficiency grants: 155 projects today awarded share of £5.1m.

Newly-appointed Energy and Climate Change Secretary Edward Davey will hit the ground running today, joining Deputy Prime Minister Nick Clegg in sending a clear signal that green growth and green jobs will remain at the heart of the Coalitions strategy for economic recovery.

Visiting the Building Research Establishments Innovation Park near Watford, a testing site for a green homes, they will meet graduates considering moving into green construction jobs.
The Deputy Prime Minister will say:

"The race is on to lead the world in clean, green energy. Last year we saw record breaking global investments in renewables - outstripping the cash piled into fossil fuels. The new economic powerhouses - China, India, Korea, Brazil - are now serious contenders for that capital.

"So the choice for the UK is simple: wake up, or end up playing catch up. In today's world the savviest states understand that going for growth means going green. Low-carbon markets are the next frontier in the battle for global pre-eminence."

Wednesday 1 February 2012

GREEN DEAL LATEST - Special Bulletin February 2012

Department of Energy and Climate Change — February 1st 2012

DCLG yesterday launched their consultation on changes to the Building Regulations regime in relation to the Green Deal. This includes a package of potential changes to support the Green Deal.

In summary, this includes new requirements for additional 'consequential' energy efficiency improvements where work (such as an extension or replacement windows or boilers) is already planned to an existing building and Green Deal funding is available as an option to meet the up-front costs.

Given DCLG estimate there are 200,000 extensions per year, 1.4 million boiler replacements and 1 million window replacements, this could be a significant demand driver for the Green Deal.
The proposals include;
  • From October 2012 (to include with the introduction of the Green Deal framework) DCLG are proposing that extensions and increases in habitable space (i.e. loft or integral garage conversions) in existing homes would trigger a requirement to carry out consequential energy efficiency improvements where these were technically, economically and functionally feasible.

Tuesday 31 January 2012

The Green Deal will be the biggest home energy programme of modern times

Guardian — January 2012

2012 is set to be a monumental year for Britain. Of course we are looking forward to the diamond jubilee and the Olympics, but it is also the year in which we will launch the pioneering Green Deal, unleashing real competitive forces in the energy efficiency market.

Attracting more investment than ever before, the Green Deal will be the biggest home energy improvement programs of modern times, to tackle our draughty and expensive-to-heat housing stock.

In a world of increasing prices, market volatility and reliance on imports, we simply cannot afford to be wasteful with energy. Our homes are among the most inefficient in Europe and up to 4.1m households live in fuel poverty in England alone.

The time has come for a radical new approach to hone energy improvement , moving away from pepper potting individual measures to whole house or property solutions.

We will look carefully at the different views coming forward on loft and cavity wall insulation, but with a wider span of measures we are confident the green deal will generate new demand for all types of insulation and actually increase jobs in an expanded insulation market to 65,000 by 2015.

Monday 30 January 2012

South West makes splash as first marine energy park

DECC — January 2012

The South West has today been named as the UK's first Marine Energy Park, firmly placing the region on the international map for leadership in marine renewable energy.

Climate Change Minister Greg Barker made the announcement on a visit to Bristol where he met with key members of the new initiative.

The South West Marine Energy Park will stretch from Bristol through to Cornwall and as far as the Isles of Scilly. It will create a collaborative partnership in the region between national and local government, Local Enterprise Partnerships, the famous Universities of Plymouth and Exeter and industry including Cornwalls famous wave hub. The aim of the partnership will be to speed up the progress of marine power development.

Energy from the waves or tides has the potential to generate up to 27GW of power in the UK alone by 2050, equivalent to the power generated from 8 coal-fired power stations, as well as helping to reduce emissions to fight climate change.

Renewables Bring £2.5bn Boost to Economy

Department of Energy and Climate Change — January 2012

Chris Huhne today revealed more evidence of the economic benefits of renewable energy as he reaffirmed the coalitions commitment to meeting EU renewable energy targets. This came as the UK published an update on progress to source 15% of all energy from renewable sources by 2020.

Latest research from DECC shows that so far this financial year, companies have announced plans for almost £2.5billion worth of investment in renewable energy projects in the UK, with the potential to create almost 12,000 jobs across the country.

A separate report to the European Commission on renewable energy progress that showed that the UK:
  • Achieved a 27% increase in renewable energy consumption from 42.6TWh in 2008 to 54TWh in 2010 - representing 3.3% of total energy consumed.
  • Increased wind generation by 46% from 7TWh in 2008 to 10.2TWh in 2010, and in 2010 achieved 5GW of offshore and onshore wind capacity; and
  • Saw a threefold increase in the use of biofuels in transport from 1% of total road transport fuel supply in 2007/8 to 3.33% in 2010.
Chris Huhne, Energy Secretary, said:

“Renewable energy is not just helping us increase our energy security and reduce our emissions. It is supporting jobs and growth across the country, and giving traditional industrial heartlands the opportunity to thrive again.

“Our renewable target is less demanding than other EU member states, but the effect is bringing real jobs and investment.

“I do not want the UK to be left behind by turning our back on the green economy. The agreement to negotiate a global deal secured at Durban has reinforced major nations’ commitment to cutting carbon. We cannot afford to stand alone while the world wises up.”

Friday 27 January 2012

Minister Looks Forward to “Prosperous 2012”

Department of Energy and Climate Change — January 2012

Energy Minister Charles Hendry set out his hopes for a “prosperous 2012” in the oil and gas sector, as he awarded 46 new licences to explore for hydrocarbons in the North Sea.

These awards were made as part of the 26th offshore oil and gas licensing round, which was originally announced in October 2010. This licensing round awarded 144 licences but held back a number of blocks from award due to the need for further assessment on Special Areas of Conservation (SACs) and Special Protection Areas (SPAs).

Charles Hendry, Minister for Energy, said:

“Oil and gas remains crucial to the UK economy — contributing around 2% to the country’s GDP. Our innovative licensing system continues to make the UK one of the most attractive places to do business.

“These further licences have been subject to rigorous examination, and we are now satisfied that initial exploration can go ahead.

“These continued high levels of interest, and the award today of these licences, gives me yet more reason to be optimistic for a prosperous 2012 for the UK oil and gas sector.”

Friday 20 January 2012

The Green Deal Countdown!

January 2012

“The biggest home improvement plan since the second world war” — Chris Huhne, Climate Change Secretary

With the Christmas and New Year rush behind us for another 12 months we are already counting down to the next big event... The Green Deal.

Set to be the largest home improvement programme since the second world war, the Green Deal promises to drive billions of pounds of investment into energy efficiency over the next decade with the potential to create 250,000 jobs involving around £100bn of investment by 2020.

As bills rise and green subsidies are cut, politicians are looking for ways to reduce our bills - and emissions - at no or little cost.

By providing energy advice to an estimated 14 million homes and businesses within the UK and offering grants to all, the new innovative financial mechanism eliminates the need to pay upfront for these energy efficiency measures and instead provides reassurances that the cost of the measures will be covered and paid back through the savings on the electricity bill. The government have called this revolutionary proposal “The Green Deal”

The government have committed to invest £200 million this year alone to stimulate the “Green Deal” on its launch in the Autumn, with a further Â14 billion of private investment being predicted.

The goal of the Green Deal scheme is to have 14m UK households upgraded for energy efficiency, making the UK the European leader in reducing greenhouse emissions and supporting up to 250,000 new jobs within the green industry

Monday 2 January 2012

Treasury to approve £200m Green Deal Funding

GDG - Janary 2012

The chief secretary to the Treasury Danny Alexander announced the approval of £200m to be used as an incentive for the public to pick up the Green Deal scheme when it is available for homeowners in October 2012.

Both the business community and NGOs welcomed this announcement as another step towards the successful roll out of the Green Deal scheme.

While the primary goal of the Green Deal scheme is to increase energy efficiency of UK homes and business buildings to reduce the carbon emissions associated with climate change and to reduce energy costs, there are other benefits of the Green deal scheme.

The government estimates that in the long term the scheme, if successful, will create thousands of new jobs and lead to £14b in new investment from the private sector. Additionally, energy companies are mandated to assist with energy improvements for low income households.

The goal of the Green Deal scheme is to have 14m UK households upgraded for energy efficiency, making the UK the European leader in reducing greenhouse emissions.

Experts state that the success of the Green Deal program is dependent on the experience of those homeowners who take up the scheme early, thus there must be great attention to the details of the program so that all goes smoothly.

While the details of how the £200m will be disbursed to early adopters of the scheme, experts agree that using this money for a reduction in the council tax or the stamp duty tax will be a powerful tool to motivate homeowners to take up the Green Deal within the first year. The government is considering this proposal as well as others for the distribution of the funds.