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

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