Green Deal, the Government’s new flagship scheme for
improving energy efficiency and reducing energy bills, has now gone live. The Green Deal eliminates the need for
householders and businesses to pay upfront for energy efficiency measures such
as insulation or new heating systems and instead provides a system so that the
cost of measures are covered by the savings on their energy bills.
to a green deal :
Deal Assessment – an approved Green Deal Assessor will come to your home or business
– the Assessor will set out the measures which are appropriate for your
property to improve it’s energy efficiency and will save you money
Golden Rule - for a measure to be paid for under Green Deal it needs to meet
the Golden Rule that the expected financial savings must be equal to or greater
than the costs attached to the energy bill. So the bill payer will pay no more
but will benefit from a more energy efficient home
Choose a Green Deal Provider – sign your green deal plan
Installation - by approved installer arranged by your Green Deal Provider
Pay off the money by instalments on your electricity bill
There are 45
different types of improvements currently available under the Green Deal,
helping people warm up their homes and pay for some or all of the improvements
over time through their electricity bill.
you are a tenant then you will need to seek the approval of your landlord
before taking out a green deal and your landlord will need to seek your
approval if they wanted to use Green Deal to improve your home.
In addition, there will be a new energy company
obligation or ‘ECO’ which will focus on those households who cannot achieve
significant energy savings without support including vulnerable and low-income
households and those living in harder to treat properties, such as solid walled
Those who take up Green Deal early could also qualify for hundreds of
pounds from the Green Deal Cashback Scheme. The more work households decide to
have done, the more cash they could receive and packages could be worth over
Click here to find out more.