UK seeks evidence on reforming Green Deal framework

The UK Government is seeking evidence on whether there is scope for changing the Green Deal framework so it can better support current and future needs. The Green Deal enables consumers to take out loans to pay for energy efficiency improvements in their properties, with repayments made through their energy bills. The initiative was introduced […]

Green Deal loan to continue in new hands

The Green Deal Finance Company has been bought out by two sustainability-focused finance firms. Greenstone Finance and Aurium Capital Markets yesterday announced the acquisition of the business behind the Green Deal loan scheme, which provided households with accessible financing to improve their homes with energy efficiency measures. These loans will continue to be offered and upheld under […]

Green Deal scheme ‘put public money at risk’

Public money was put at risk by the government’s failure to implement household energy efficiency initiatives. The Public Accounts Committee (PAC) said forecast of demand for Green Deal loans was “excessively optimistic” and the uptake of the scheme was “woefully low” because it wasn’t adequately tested. The MPs believe it gave a “completely misleading picture […]

Around 1.91m energy efficiency measures installed by April

Around 1.91 million energy efficiency measures were installed at the end of April. They were installed in around 1.53 million properties through the Energy Company Obligation (ECO), Green Deal and the Green Deal Home Improvement Fund schemes, according to new data released by DECC. The largest amount of measures – 96%- were installed through the […]

Suppliers installed 42k energy efficiency measures in March

More than 42,600 energy efficiency measures were installed in March. They were developed under the government’s Energy Company Obligation (ECO) programme, new data from DECC revealed. In total 1.79 million measures have been installed under the scheme which requires larger suppliers to deliver energy-saving solutions such as efficient boilers and insulation in domestic buildings. Around […]

UK installed 1.7m energy efficiency measures

Around 1.79 million energy efficiency measures were installed until the end of January. They were developed through government’s schemes such as the Energy Company Obligation (ECO) and the Green Deal (GD). The lifetime carbon savings are estimated to be between 23.9 million tonnes of CO2 and 25.4MtCO2, according to new data released by DECC. They are also […]

Green Deal ‘needed trialling before it was launched’

The Green Deal needed “more support and trialling before hitting the mass market”. That’s according to Lawrence Slade, Energy UK CEO who gave evidence to the Energy and Climate Change Committee at Westminster today. The Green Deal, which was scrapped by DECC earlier this year, allowed householders to make their homes more energy efficient by installing technologies such as solar panels […]

Birmingham to scrap energy efficiency scheme

Birmingham City Council is planning to scrap its local version of the government’s Green Deal initiative. Cabinet members at the council are set to approve the withdrawal next week. The city council has proposed to end its contract with Carillion Energy Services (CES) for the Birmingham Energy Savers (BES) project from April next year. A […]

The Green Deal axed

The UK Government has killed its flagship scheme the ‘Green Deal’ to insulate homes because it says take-up has been too low.  

Green Deal ‘never came across clearly’

A lack of clarity in the Green Deal has been blamed for the recent government axing. Last month DECC said it will no longer fund the Green Deal Finance Company (GDFC) due to low take-up and concerns about industry standards, adding it wants to “protect” taxpayers. The scheme allowed householders to make their homes more energy efficient by […]